EV battery maker

Contemporary Amperex Technology Co Ltd (CATL), a battery supplier to Tesla Inc (NASDAQ: TSLA) and Nio Inc (NYSE: NIO), has estimated its net profit during the July-September quarter to nearly triple from a year earlier, supported by significant expansion in production, reported Reuters. What...

XPeng Inc (NYSE: XPEV) has diversified its battery suppliers and does not count industry giant CATL as its primary supplier, said Brian Gu, President of the Chinese electric car maker, according to Reuters. As per Chinese consulting firm Gaogong Industry Institute, XPeng was CATL's third-...

Chinese battery maker Guoxuan High Tech Co is planning to set up a Michigan that is expected to create 2,000 new jobs, the Detroit News reported on Tuesday, citing sources. What Happened: Gotion Inc, the U.S. subsidiary of the battery maker, would produce battery components at the facility that...