China-based CATL aims to grow lithium-ion battery capacity sixfold to 50GWh by 2020―report
CATL plans IPO by 2020 to raise at least another CNY30 billion (USD4.3 billion)
Chinese battery manufacturer Contemporary Amperex Technology Ltd (CATL) is aiming to increase its lithium-ion (Li-ion) battery capacity six fold to 50 gigawatt hour (GWh) by 2020, reports news website economynext.com.
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