EconomyChinese battery giant CATL spreads investments in search of new growth drivers
Analysts say CATL is seeking potential growth engines beyond the EV boom by investing in areas ranging from data centres to hydropower stations. Since June last year, at least seven CATL-led equity deals worth more than 17 billion yuan have been announced in non-battery sectors, including humanoid robots, state-owned hydropower and artificial intelligence.
Chinese battery giant CATL spreads investments in search of new growth drivers
Economy