CATL considers U.S. plant, targets 45 percent energy-density boost in 5 years

CATL at Frankfurt auto showChina’s Contemporary Amerex Technology Co., better known as CATL, has in the past several years become a global battery giant. Last week one of its senior executives revealed to Reuters that the company is considering a manufacturing expansion into North America, even though the market for EVs will lag that of China and Europe. The company...