China’s EV battery giants wade into shipbuilding to bolster Beijing’s dominance

China’s EV battery giants wade into shipbuilding to bolster Beijing’s dominance

China’s leading battery makers for electric cars – Contemporary Amperex Technology (CATL) and Gotion High-tech – are adding momentum to the country’s efforts to build new-energy vessels, with their latest products supplied to large ocean carriers amid an accelerated decarbonisation drive. Chinese-made pure electric-powered container vessels were also set to extend Beijing’s lead over global rivals in shipbuilding, according to industry officials…