Chinese car maker BYD seeks to take back the Lithium-Ion battery crown from Contemporary Amperex Technology (CATL) over the next 24mths. BYD is spending about $3 billion to nearly quadruple its capacity to produce electric car batteries by 2020, in an effort to catch up with leader CATL. China’s Battery King,...
No chance. According to the view of the majority of Industry executives and analysts who don’t believe forecasts for a glut in lithium. Morgan Stanley sent lithium stocks including the world’s largest producers Albermale & SQM tumbling earlier this year after it forecast a surplus in the market in 2022....
The world’s largest Lithium-Ion battery maker Contemporary Amperex Technology Co (CATL) has had a dramatic IPO listing on the Chinese stock market (ChiNext) jumping a whopping 76% in just 4days after raising $1Bn of expansion funds. It seems the Chinese public can’t get enough of Lithium-Ion battery makers as the...