CATL is boosting investment in minerals exploration as the world’s biggest battery maker seeks to strengthen self-sufficiency in its supply chain amid heightened geopolitical tensions.
Its Hong Kong-listed shares surged more than 10 per cent on Thursday after the Chinese company posted higher than expected earnings and said it had established a mining subsidiary with registered capital of Rmb30bn ($4.4bn).
CATL, which was founded in 2011, has spent billions of dollars over the years to secure access to key resources including lithium and nickel, running the investments under an internal division.
您已阅读23%（601字），剩余77%（2024字）包含更多重要信息，订阅以继续探索完整内容，并享受更多专属服务。