CATL completed a secondary listing on the Hong Kong Stock Exchange in May 2025, raising approximately $4.6 billion at HK$263 per share. Its Hong Kong-listed shares have since surged approximately 160%, reaching an all-time high of HK$701 before the placement reports began circulating on 13 April.
The third-generation Shenxing battery can be charged from 10% to nearly full in less than 7 minutes, showcasing ultra-fast charging capabilities that surpass competitors.
CATL, the world's dominant battery maker, just unveiled a new battery technology for the European market that it's calling Shenxing Pro. We don't know which vehicles it'll end up in yet, but CATL says the tech should allow for super long range and wickedly fast charging, all from a battery that won't degrade much over time. We'll have to see this battery in action before we can say whether these claims are all they're cracked up to be.
