HONG KONG -- Chinese electric vehicle battery supplier CATL raked in 35% more government subsidies in the first half of this year, compared with the same period in 2023, maintaining its perch atop the league table of mainland-listed companies receiving the most financial assistance.
China tech
CATL reigns as China's top subsidy recipient with 35% jump in first half
EV sector takes over half of top 10 slots; solar panel makers climb list
A CATL electric vehicle battery exhibit in Beijing. The leading supplier has been taking in the most subsidies of any mainland-listed enterprise. © Reuters
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