The R&D centre of CATL in Ningde, Zhejiang province. After a second major funding round completed in October, the company’s value quadrupled to 80 billion yuan, CEO Huang Shilin said last week. Photo: Reuters

Chinese electric car battery maker CATL gearing up for global charge

But battery maker must first shed any foreign investment to be eligible for subsidies and other policy support

Topic |   Motoring

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The R&D centre of CATL in Ningde, Zhejiang province. After a second major funding round completed in October, the company’s value quadrupled to 80 billion yuan, CEO Huang Shilin said last week. Photo: Reuters
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