CATL introduces sodium-ion battery system for commercial energy storage
New Sodium-Ion Batteries Target Grid Storage CATL, a major player in the battery market, has unveiled its TENER sodium energy storage system in Munich. This latest offering is claimed to be the world’s first commercially viable sodium-ion battery, ready for use in real-world applications. The company anticipates that cumulative shipments could reach a substantial 1 […]
House committee claims US banks are supporting Chinese military company CATL
Concerns Raised Over U.S. Banks Financing Chinese Battery Company In a recent development, congressional investigators have pointed fingers at major U.S. banks for allegedly assisting a Chinese battery company, categorized as a “Chinese military company” by the Pentagon, in raising billions from global investors. This situation arises despite ongoing national security worries. The House of […]
CATL provides banks with low fees for the largest listing in 2025.
Investment Bank Fees Hit Low Amid Listing Competition HONG KONG (Reuters) – The investment bank that managed the largest listing in the world this year is set to earn underwriting fees significantly below industry standards. Advisors are prepared to accept slim margins in an effort to regain business after a prolonged slump in listings. The […]
Duke Energy will remove Chinese battery company CATL from Marine Corps base
Lee Steinhauer, an expert on China-US relations policy, refutes FBI Director Christopher Wray’s warnings about Chinese hackers and the threat to US infrastructure. US utility company Duke Energy is reportedly retiring industrial batteries made by Chinese company CATL, which is associated with a green energy project at Marine Corps Base Camp Lejeune, North Carolina. Additionally, […]