January 24, 2026
CATL’s Intelligent Vehicle Unit Raises Nearly RMB 2 Billion in First External Funding Round

Contemporary Amperex Intelligent Technology (Shanghai) Limited, the intelligent vehicle unit of Chinese battery giant CATL, has completed its first external financing round, raising nearly RMB 2 billion (US$275 million). Investors include Boyu Capital, Guotai Junan Securities, Cathay Fortune Corp, BAIC Capital, Shanghai STVC Group, and Fortera Capital…
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