CATL establishes new energy tech company in Lanzhou with 20 million RMB capital

CATL has established a new subsidiary in Lanzhou, China, named Times Qiji New Energy Technology (Lanzhou) Co., Ltd. This new entity, wholly owned by CATL's Shenzhen-based green energy subsidiary, has a registered capital of 20 million RMB. Its business scope includes research and development of emerging energy technologies, sales of new energy vehicle battery swapping facilities, and battery sales. AI

IMPACT Expansion of CATL's infrastructure for new energy vehicles.

RANK_REASON Company establishes new subsidiary with significant registered capital. [lever_c_demoted from significant: ic=1 ai=0.4]

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• 20 million RMB
• Lanzhou
• Times Qiji Green Energy Technology (Shenzhen) Co., Ltd.
• Times Qiji New Energy Technology (Lanzhou) Co., Ltd.

• product
• funding

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