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CATL Shares Surge on $4.4-Billion Unit Plan, Earnings Beat

Annie Lee, Ocean Hou
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⚡ Quantum Brief
The world’s largest EV battery maker unveiled a $4.4 billion investment to secure critical mineral supply chains, aiming to reduce reliance on external suppliers amid surging global demand. Shares surged up to 10.3% in Hong Kong and 6.7% in Shenzhen after the announcement, reflecting investor confidence in the strategic expansion and first-quarter earnings exceeding market expectations. The new unit will focus on vertical integration, controlling key raw materials like lithium and cobalt to mitigate geopolitical and logistical risks disrupting production. First-quarter net income beat analyst forecasts, reinforcing CATL’s dominance as EV adoption accelerates and automakers prioritize stable battery supply partnerships. The move aligns with broader industry trends as battery giants race to lock in mineral resources, anticipating tighter regulations and escalating competition in the clean-energy transition.
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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000A CATL battery model displayed during the IAA Mobility 2025 expo in Munich, Germany on Sept. 7.Shares of Contemporary Amperex Technology Co. Ltd. jumped on Thursday, after the world’s biggest electric-vehicle battery-maker announced plans to expand its footprint in critical minerals and strengthen supply-chain security as its first-quarter net income beat estimates.The company’s stock rose as much as 10.3% in early trading in Hong Kong, while its Shenzhen-listed shares jumped as much as 6.7%.

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Source: Bloomberg Technology

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