CALB and SVolt Push to be Major Global Battery Companies
CALB aims for ‘aggressive’ expansion in its goal to be among the world’s top three EV battery makers. CALB is targeting a total capacity of 500 gigawatt-hours (GWh) in 2025, more than 42 times the 11.9 GWh it produced in 2021 and about 30 GWH in 2022. The Jiangsu-based company raised US$1.26 billion in its …