CATL subsidiary to expand production lines through investing CNY 5 billion

Contemporary Amperex Technology Co., Ltd. (CATL) announced that its subsidiary CATL-FAW Auto Battery Co., Ltd. plans to invest a maximum of CNY 5 billion in its production expansion project in Xiapu County, Ningde City, Fujian Province. The project will be constructed in two phases. The first phase will last for up t....

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