HK Movers | CATL Hits Record High Intraday In Hong Hong, Peaking at HK$698 Per Share

Tiger Newspress04-13

Chinese electric vehicle battery maker CATL hit record high intraday in Hong Hong, peaking at HK$698 per share.

CATL - which supplies the biggest EV brands including Tesla, Xiaomi and Nio - has dialled up investments in battery swapping stations and mounted advertising campaigns at railway stations and airports.

It has also stepped up expansion into Europe and Asia, consolidating its market leadership.

The EV battery specialist widened its lead last year with a 39.2% share of global EV battery usage from 38% in 2024, followed by BYD, whose share slid from 16.9% to 16.4%, according to SNE Research.

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