TOKYO -- China's leading electric vehicle battery maker CATL did not reveal how much it received in state subsidies in its last full-year disclosure before raising $5.3 billion in a secondary share listing in Hong Kong this week.
Electric cars in China
China's CATL a top subsidy recipient on first-half figure alone
Battery maker's full-year disclosure opaque as wider EV sector bags substantial aid
Mockup of a battery is displayed at a CATL booth during the Auto Shanghai show in Shanghai on April 24. (Photo by Shinya Sawai)
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