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19 Nov
08:29

CALB raises output goal again as it raises funds

CALB has updated its capacity plan from 300 gigawatt-hours 500GWh in 2025 and is expected to reach 1TWh in 2030, Kallanish learns from a press conference. Liu Jingyu, the chairman of CALB, also announced the company’s new progress towards the IPO which is on the agenda. In addition to the Changzhou government, the Xiamen government, the Aviation Industry Group and other original shareholders which are increasing holdings, CALB is receiving capital support fr…
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