Tesla battery maker sees shares jump in Hong Kong debut

CATL, the world's leading electric vehicle (EV) battery maker, saw its shares surge in its Hong Kong debut. The company, which produces over a third of all EV batteries globally and supplies major automakers like Tesla and Volkswagen, raised $4.55 billion in its IPO. CATL's growth trajectory, market dominance, and technological innovations position it as a key player in the EV battery industry despite recent controversies and geopolitical tensions.