The Chinese battery maker powering ahead of its competition

中国电池制造商在竞争中一马当先

World Business Report

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2025-05-20

26 分钟
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China's Contemporary Amperex Technology Co. Limited (CATL) supplies major carmakers including Tesla, Volkswagen and Toyota. We ask how it has become one of the world's fastest-growing firms. Elsewhere, a 50-year land dispute off West Africa is now centred on oil deposits. And, the flight attendants in Spain who have been asked to give back a pay rise. The latest business and finance news from around the world, on the BBC.
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  • Hello and welcome to World Business Report on the BBC World Service.

  • I'm Will Bain, great to have your company.

  • Coming up today,

  • the Chinese battery maker powering ahead of its competition as shares of CATL surge.

  • We're going to try and tell you more about one of the world's fastest growing firms and how it's come to lead the way in the race for electric battery power.

  • Also today,

  • the tiny West African islands just a few kilometres long at the centre of a 50-year dispute.

  • According to S&P Global, they host about 740 million barrels of oil.

  • And so that's the justification for the contention.

  • Yeah,

  • more on the dispute between Gabon and Equatorial Guinea over those potentially oil-rich islands to come.

  • And this guy is off to Netflix.

  • And he's not going alone.

  • Cookie Monster's taking Bert, Ernie,

  • Elmo and Oscar the Grouch and more of the much-loved cast of the children's hit show Sesame Street.

  • We'll ask why they're heading to one of the world's biggest streaming platforms and what it means for those young viewers before we leave you today here on World Business Report.

  • Let's start, though, if not with a bang, then a bong.

  • Yeah, that was Robin Zeng,

  • now one of Asia's richest men and richer still today after shares of the electric car battery firm he founded,

  • CATL,