Chinese giant CATL pushes beyond batteries into power grids, EV platforms

Chinese giant CATL pushes beyond batteries into power grids, EV platforms

A man walks outside CATL's battery cell production facility code-named "Z-base" in Ningde, Fujian province, China November 8, 2024. REUTERS/Kevin Krolicki

Robin Zeng, the billionaire founder of CATL, aims to reinvent the world’s largest battery maker as a green-energy provider and to slash the cost of developing electric vehicles, upending the economics of the industry that has powered its growth.

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