CATL invested in establishing a new energy technology company in Zhanjiang.

According to the QiChaCha app, recently, Xi'an Times Quqi New Energy Technology Co., Ltd. was established, with Wang Xu as the legal representative. Its business scope includes research and development of emerging energy technologies, sales of new energy vehicle charging facilities, research and development of online energy measurement technologies, and contract energy management. Equity penetration information on QiChaCha shows that the company is wholly owned by Times Quqi New Energy Technology Co., Ltd., a subsidiary of Ningde Times.