CATL Shares Rise on China's Energy Storage Expansion and Policy Support
TL;DR Summary
CATL's shares surged to record highs following China's announcement of a plan to install over 180 million kW of new energy storage capacity by 2027, backed by a $35 billion investment, boosting investor optimism and expanding CATL's market share in the EV battery sector.
- CATL shares surge as China's energy storage push fuels optimism CnEVPost
- CATL Stock Jumps as JPMorgan Upgrades on Strong Earnings Outlook Bloomberg.com
- CATL shares surge on China’s plan to nearly double new energy storage Investing.com
- CLSA Sets CATL's TP at HKD535; CN Battery Stocks to Benefit from New Energy Storage Policy AASTOCKS.com
- China targets 180 GW BESS capacity by 2027 under a US$35bn plan Enerdata
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