CATL received 35% more state subsidies in H1 2024
CATL received state subsidies worth $530 million, up 35% year over year in the first half of 2024
Mainland China’s largest battery-maker Contemporary Amperex Technology Co. Ltd. (CATL) has received 35% more in state subsidies during the first half of 2024, according to a news report published by Nikkei Asia on July 26.
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