CATL is the No.2 maker of electric-vehicle batteries, with business for now limited to China, but is on the short list to be the main EV battery supplier to European OEMs including Volkswagen, Mercedes-Benz and PSA Group.
BEIJING, Jan 29 (Reuters) - Alibaba Group Holding Ltd and Foxconn Technology Co Ltd have led a 2.2 billion yuan ($347.74 million) funding round in Chinese electric car maker Xiaopeng Motors as competition escalates in the new energy vehicle (NEV)...