https://www.reuters.com/article/us-china-catl-electric/chinas-catl-aims-to-raise-2-85-billion-for-ev-battery-projects-idUSKCN20L0AA
The fundraising will help CATL to expand its battery-making capacity in Fujian, Jiangsu and Sichuan, as well as an energy storage research project, the company said in a filing to the Shenzhen stock exchange late Wednesday.
Pretty impressive raise in this market from a "Private placement".
The plot thickens.....
https://www.reuters.com/article/us-china-catl-electric/chinas-cat...
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