CATL Announces $2 Billion IPO To Fund New Battery Manufacturing Plants
By Mark Kane CATL, the world’s 3rd largest EV battery manufacturers (that you probably have never heard of), intends to funds its expansion through a $2 billion IPO by June 2018. The offer of 10% of shares suggests that the CATL valuation stands at some $20 billion, which seems a bit steep – …read more
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