CATL backs new growth with multi-industry equity investments
Since June, CATL has announced at least seven equity deals in non-battery industries totaling over 17 billion yuan, spanning humanoid robots, state-owned hydropower, AI data centres and DeepSeek. The investments appear aimed at securing new growth frontiers. CATL affiliates plan to buy up to 38.1% of VNET Group, and CATL is set to acquire a 49% stake in Hangzhou Zhonhen Electric.