Chinese battery giant CATL has invested over $2.5 billion in non-battery sectors like humanoid robots and AI since June last year, seeking new growth drivers.
China's Contemporary Ampere Technology Limited (CATL) has announced at least seven equity deals totaling over 17 billion yuan (US$2.5 billion) in non-battery industries since June last year, according to analysts. These investments span sectors including humanoid robots, state-owned hydropower stations, and artificial intelligence, as the company diversifies beyond its core electric vehicle (EV) battery business.
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