ARNSTADT, Germany : On April 4, Contemporary Amperex Technology Thuringia GmbH (CATT), CATL’s first plant outside of China, received the 2nd partial approval for the commissioning of a new plant for battery cell production from the state of Thuringia, Germany, marking a significant milestone for CATL’s global footprint expansion despite the pandemic. At the ceremony […]
S.Korea’s LG Energy Solution expects its global market share to overtake rival CATL’s – EQ Mag Pro
SEOUL : Days before pricing its $10.7 billion IPO, South Korean battery maker LG Energy Solution (LGES) forecast its market share would overtake main rival CATL thanks to its wider range of customers and said it was aiming for a double-digit operating margin. LGES Chief Executive Officer Kwon Young Soo told reporters that he expected […]
