China’s CATL aims to raise $2.85 billion for EV battery projects

February 27, 2020 admin Business News Comments Off on China’s CATL aims to raise $2.85 billion for EV battery projects

CATL , China’s top electric vehicle battery maker, said it aims to raise up to 20 billion yuan ($2.85 billion) in a private placement of shares to fund its battery projects and boost working capital.

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Source:: Reuters – Business News