CATL, a Chinese battery supplier to Tesla, VW, produced more billionaires than Microsoft, Apple and Amazon combined

CATL HQ

According to Forbes, billionaires from China’s inconspicuous EV battery manufacturer Contemporary Amperex Technology (CATL) has outnumbered those from well-established top technology companies. Based on their shares in CATL, a total of 9 executives and early investors are named in the Forbes Billionaire List, each owns over $1 billion.

Continue reading “CATL, a Chinese battery supplier to Tesla, VW, produced more billionaires than Microsoft, Apple and Amazon combined”