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Saturday, 04/29/2017 1:08:11 AM

Saturday, April 29, 2017 1:08:11 AM

Post# of 207125




Hope I got the right company haha.




Foxconn infuses NT$4.4B into electric vehicle battery company CATL
http://www.taiwannews.com.tw/en/news/3129250

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Foxconn invests in China-based battery maker CATL
http://www.digitimes.com/news/a20170330PM201.html



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http://www.lithiumenergyproducts.com/single-post/2017/04/03/Why-Demand-for-Lithium-is-Skyrocketing

Cofounded in 2003 by serial entrepreneur and all-around genius Elon Musk, Tesla is arguably the world’s leading company involved in the production of energy storage units. But it’s certainly not the only one. China’s CATL, or Contemporary Amperex Technology Ltd., is quickly gaining ground and plans to surpass Tesla in terms of battery production by 2020. By that year, close to 85 percent of all lithium-ion batteries in the world will be produced in either the U.S. or China, according to Goldman Sachs, which sees the battery market climbing to $40 billion by 2025.