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CHINA BRIEF | Tesla supplier CATL raises USD 2.8 billion to enlarge production capacity

CATL will use the new funds to build or enlarge its lithium-ion batteries manufacturing plants in the Fujian, Jiangsu, and Sichuan provinces.

1 min read
  • Hillhouse Capital, Sequoia Capital China, Aspex, and Coatue back Xpeng in Series C+ fundraising

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    Chinese Tesla challenger Xpeng raises USD 500 million from Hillhouse, Sequoia, and others

    2 mins read

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