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China's Largest Battery Manufacturer, Catl, Is Building New and Expanded Domestic Factories One After Another. Tight Supply and Demand Has Led to Expansion Efforts by Competitors, and Rising Demand for Lfp Batteries Is Also Benefiting Material Manufacture
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CATL (Contemporary Amperex Technology Co., Ltd.), the world's largest battery manufacturer, has been rapidly announcing plans to build new and expanded factories in China. The first project is with the Guian New Area in Guizhou Province to build electric vehicles (EVs) and plug-in hybrid vehicles (PHVs).
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