Eve Qiao

2 weeks ago | nbcnews.com | Jennifer Jett |Eve Qiao

May 20, 2025, 6:23 AM EDTHONG KONG —  In the latest sign of the growing edge China’s clean energy companies have on their U.S. competitors, the country’s leading electric vehicle battery maker raised $4.6 billion in its Hong Kong trading debut on Tuesday — the largest in the world this year. Shares of Contemporary Amperex Technology Co. Ltd., or CATL, the largest EV battery maker, traded as much as 18.4% above the listing price of 263 Hong Kong dollars ($33.61), raising at least $4.6 billion.