Chinese battery maker CATL raises $2.8b from UBS, JPMorgan, others

Chinese battery maker CATL raises $2.8b from UBS, JPMorgan, others

Photo: CATL website

China’s largest electric vehicle (EV) battery manufacturer has completed a multibillion-dollar financing, drawing in global investment banking giants including UBS AG and JPMorgan Chase & Co.

Bring stories like this into your inbox every day.

Sign up for our newsletter - The Daily Brief
Subscribe to Newsletter