AsianFin -- Shares of Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric-vehicle battery maker, jumped more than 9% in Hong Kong trading on Monday, marking a record high since the company’s listing.

The rally reflects growing investor confidence in CATL’s leadership in advanced battery technologies, including solid-state batteries and energy storage solutions. Market analysts noted that strong expectations for global EV demand, coupled with CATL’s expansion in Europe and Southeast Asia, have fueled bullish sentiment.

CATL has also recently announced progress in mass production plans for next-generation batteries and signed multiple long-term supply agreements with leading automakers. The company’s strategic investments in R&D and global production capacity are viewed as key drivers of its growth trajectory.