A massive immigration enforcement operation by U.S. authorities at Hyundai's electric vehicle manufacturing site in Georgia led to the apprehension of 450 individuals and halted construction on a new battery plant. This crackdown raises concerns over Korean investments and community safety.
Contemporary Amperex Technology Co. (CATL) saw its shares jump over 16% during its Hong Kong trading debut, raising $4.5 billion in a secondary listing. Investors are betting big on the EV market despite ongoing tariff challenges.
The world's largest EV battery maker, CATL, has made a historic debut on the Hong Kong Stock Exchange, raising nearly HK$35.7bn. This landmark IPO could reshape the EV landscape amid rising concerns from US lawmakers.
