CATL aims to plug into the global market
By Reuters in Ningde, Fujian | China Daily | Updated: 2016-12-29 08:28
Battery maker based in Fujian sets sights on keeping up with surge in electric car sales
A dusty village on the outskirts of Ningde, a third-tier city in China's southeast, seems an unlikely place for the headquarters of a potential global leader in future auto motive technology.
Yet China's major industrial policy decisions - move up the value chain, clean up polluted urban skies, and shift to plug-in cars - have Contemporary Amperex Technology Ltd (CATL) poised to go from hometown hero to national champion, and beyond.
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