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CATL to invest CNY 58.2 billion to expand production capacity of lithium-ion battery and others
Contemporary Amperex Technology Co., Ltd. (CATL) announced that it will raise up to CNY 58.2 billion for capital investment. Of that amount, CNY 15.2 billion will be used to build a lithium-ion battery plant at Contemporary Amperex Technology Limited (Fuding), increasing its annual capacity to about 60GWh. CNY 11.7 b....
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