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Contemporary Amperex Technology hit by China’s Covid lockdowns
Shares in electric vehicle supplier almost double making company South Korea’s second-most valuable
South Korean group targets Chinese rival CATL as geopolitical tensions spill into electric car market
Supplier to Tesla, Ford and VW will raise $11bn in what is expected to be South Korea’s biggest listing
Chinese group’s valuation hits $186bn in just 10 years on soaring demand for electric vehicles
Zeng Yuqun’s stake in the electric car battery maker benefits from impressive sales of new energy vehicles
Move is a show of support for sector struggling with falling prices
Swedish group wants half its sales to be fully electric by 2025
The battery maker’s shares still have power in them
Joint venture BMW Brilliance entitled to purchase up to $430m equity stake after $4.7bn supply deal
One reason for battery maker’s rise is its privileged position in China
International Edition