This Chinese battery maker will soon surpass Tesla in capacity

Technology


The next global powerhouse in the auto industry comes from a small city in a tea-growing province of southeast China, where an unheralded maker of electric-vehicle batteries is planning a US$1.3 billion factory with enough capacity to surpass the output of Tesla and dwarf the suppliers for battery-powered cars GM, Nissan and Audi.
Contemporary Amperex Technology Ltd, or CATL, already sells the most batteries to the biggest electric-vehicle makers in the biggest EV market: China. Now it wants to…

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