10 days ago • Posted by William Ramstein

Tesla battery supplier jumps to record levels

Shares of the world's largest EV battery maker hit an all-time high today as news spurred a flurry in bullish bets on the industry. Contemporary Amperex Technology jumped as much as 8.6% in Shenzhen taking gains from a low in March to more than 50%. China-based CATL ld advances in not just the EV space but green energy-related stocks too. Global annual passenger EV sales are estimated to rise to 14 million in 2025, up from 3 million seen this past year. 

Source: Bloomberg