Big Tech is investing in KoBold Metals, an AI-powered mining startup, aiming to support the transition to a greener economy.
Battery Manufacturing
Chinese battery giant CATL’s plan to raise at least $5 billion in Swiss global depository receipts (GDR) has been delayed as Beijing regulators raise concerns over the large scale of the offering, three people with direct knowledge of the matter said. The world’s largest battery maker, formally known as Contemporary Amperex Technology Co (CATL), had […]
Chinese President Xi Jinping told CATL on Monday he had mixed feelings about its status as the world’s largest battery maker – remarks that come at a time when the company is rapidly expanding abroad and moving to undercut domestic rivals. After a presentation by CATL Chairman Zeng Yuqun who described how the firm commands […]