Close Menu
  • Home
  • Automobile
  • Battery
  • Charging
  • China
  • Autonomous
  • Air Mobility
  • Hydrogen
  • Others
    • Study
    • Fleets
    • Politics
    • Commercial vehicles
    • Electric Motorcycles
    • Electric Bike
    • Finance
    • Public Transport
    • Software
    • Conversion
    • Sales
    • Concept
    • Electric Boats
    • Sport
      • Formula E
      • MotoE
What's Hot

NHTSA Reopens Probe Into Earlier Recall of 27,816 Polestar 2 EVs for Rear Camera Failure

July 11, 2025

Hyundai Ioniq 6 N Debuts with 478 kW, 770 Nm Torque and 3.2-Second 0–100 km/h Sprint

July 11, 2025

Firefly to Begin European Customer Deliveries, Starting with Netherlands and Norway

July 11, 2025
Facebook X (Twitter) Instagram
  • Home
  • About Us
  • Advertising
  • Media Kit
  • Support EVMagz
  • Newsletter
  • AI Policy
  • Cookie Policy
  • Contact
Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn WhatsApp
EVMagz
  • Home
  • Automobile
  • Battery
  • Charging
  • China
  • Autonomous
  • Air Mobility
  • Hydrogen
  • Others
    • Study
    • Fleets
    • Politics
    • Commercial vehicles
    • Electric Motorcycles
    • Electric Bike
    • Finance
    • Public Transport
    • Software
    • Conversion
    • Sales
    • Concept
    • Electric Boats
    • Sport
      • Formula E
      • MotoE
EVMagz
  • Home
  • Automobile
  • Battery
  • Charging
  • China
  • Autonomous
  • Air Mobility
  • Hydrogen
  • Others
Home » News » Battery » CATL Shares Jump on Hong Kong Debut, Raising $4.6 Billion for Global Expansion
Battery

CATL Shares Jump on Hong Kong Debut, Raising $4.6 Billion for Global Expansion

By Jackson HanMay 20, 2025No Comments2 Mins Read
Facebook Twitter Reddit WhatsApp Pinterest LinkedIn Email Telegram Copy Link
Credit: CATL

Chinese battery manufacturer Contemporary Amperex Technology Co Ltd (CATL) saw its shares rise more than 13% in early trading during its debut on the Hong Kong Stock Exchange on Monday, as the company looks to support its overseas growth through increased access to international capital.

Shares opened at HK$298.4, up 13.46% from the offer price of HK$263, giving CATL a market capitalization of approximately HK$1.35 trillion. The listing is expected to raise about $4.6 billion, priced at the top of the proposed range.

“This listing signifies our deeper integration into the global capital markets and marks a new milestone in our mission to drive the global zero-carbon economy,” said Robin Zeng, CATL’s chairman and CEO, at the listing ceremony.

The offering follows CATL’s filing in February to pursue a dual listing aimed at bolstering its globalization strategy and establishing a broader platform for international financial operations. The company has been publicly traded on the Shenzhen Stock Exchange since 2018, and its shares have climbed roughly 70% in 2024.

CATL is the world’s largest supplier of electric vehicle (EV) batteries, holding a 38.3% global market share in the first quarter of 2024, according to data from South Korea-based SNE Research. The company installed 246.01 GWh of EV batteries in 2024, a 47.21% increase year-on-year.

Despite a revenue dip of 9.70% to RMB 362.01 billion ($50 billion) in 2024, CATL posted a 15.01% rise in net profit, reaching RMB 50.75 billion ($7 billion). The company operates 13 battery production bases, six R&D centers, and maintains service operations across 64 countries and regions.

Zeng said that all of CATL’s battery plants will achieve carbon neutrality this year, adding that the firm will offer solutions to help traditional sectors like steel, cement, and chemicals shift toward renewable energy. “CATL is not just a battery component manufacturer, but also a system solution provider,” he said.

See Also:

  1. Dürr Unveils Enhanced GigaCoater for Cost-Effective Battery Cell Electrode Production
  2. CATL Offers Financial Support to Suppliers Amid EV Price War, Boosting R&D and Market Expansion
  3. CATL Considers Second Listing in Hong Kong to Raise $5 Billion
  4. Gotion High-Tech Seeks Battery Separator Supply Deal with SK IE Technology
  5. Hyundai Motor Group to Develop In-House EV Battery Cells Amid Rising Competition – Report
Battery CATL Electric Vehicle Hong Kong Manufacture Production Research Robin Zeng Shenzhen South Korea Technology
Follow on Google News Follow on Flipboard
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit WhatsApp Copy Link

Related Posts

Hyundai Ioniq 6 N Debuts with 478 kW, 770 Nm Torque and 3.2-Second 0–100 km/h Sprint

July 11, 2025

Rimac Nevera R Reclaims 0–400–0 km/h Record, Sets 24 New Performance Benchmarks

July 11, 2025

Xiaomi and Aito Lead in Resale Value for Electric and Hybrid Vehicles in China

July 11, 2025

New LEAF Faces Production Cut Amid Rare Earth Shortages and EV Credit Phase-Out – Report

July 11, 2025
Add A Comment
Leave A Reply Cancel Reply

Top Posts

NHTSA Reopens Probe Into Earlier Recall of 27,816 Polestar 2 EVs for Rear Camera Failure

July 11, 2025

Hyundai Ioniq 6 N Debuts with 478 kW, 770 Nm Torque and 3.2-Second 0–100 km/h Sprint

July 11, 2025

Firefly to Begin European Customer Deliveries, Starting with Netherlands and Norway

July 11, 2025

Rimac Nevera R Reclaims 0–400–0 km/h Record, Sets 24 New Performance Benchmarks

July 11, 2025

Xiaomi and Aito Lead in Resale Value for Electric and Hybrid Vehicles in China

July 11, 2025

Subscribe to Updates

Get our daily electric vehicles news straight into your inbox!

Welcome to EVMagz, your ultimate source for the latest news and updates on the electric vehicle industry, sustainable mobility, and green energy.

As a website dedicated to promoting the shift towards sustainable transportation and a greener future, EVMagz is committed to providing our readers with accurate and up-to-date information on the electric vehicle industry and the latest developments in sustainable mobility.

Top Insights

NHTSA Reopens Probe Into Earlier Recall of 27,816 Polestar 2 EVs for Rear Camera Failure

July 11, 2025

Hyundai Ioniq 6 N Debuts with 478 kW, 770 Nm Torque and 3.2-Second 0–100 km/h Sprint

July 11, 2025

Firefly to Begin European Customer Deliveries, Starting with Netherlands and Norway

July 11, 2025
Get Informed

Subscribe to Updates

Get our daily electric vehicles news straight into your inbox!

Facebook X (Twitter) Instagram Pinterest YouTube LinkedIn WhatsApp
  • Home
  • About Us
  • Advertising
  • Media Kit
  • Support EVMagz
  • Newsletter
  • AI Policy
  • Cookie Policy
  • Contact
© 2025 EVMagz. Designed by EVMagz.

Type above and press Enter to search. Press Esc to cancel.

We use cookies on our website to give you the most relevant experience by remembering your preferences and repeat visits. By clicking “Accept All”, you consent to the use of ALL the cookies. However, you may visit "Cookie Settings" to provide a controlled consent.
Cookie SettingsAccept All
Manage consent

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.
Necessary
Always Enabled
Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.
CookieDurationDescription
cookielawinfo-checkbox-analytics11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checkbox-functional11 monthsThe cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checkbox-necessary11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-others11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-performance11 monthsThis cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy11 monthsThe cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.
Functional
Functional cookies help to perform certain functionalities like sharing the content of the website on social media platforms, collect feedbacks, and other third-party features.
Performance
Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.
Analytics
Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics the number of visitors, bounce rate, traffic source, etc.
Advertisement
Advertisement cookies are used to provide visitors with relevant ads and marketing campaigns. These cookies track visitors across websites and collect information to provide customized ads.
Others
Other uncategorized cookies are those that are being analyzed and have not been classified into a category as yet.
SAVE & ACCEPT