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CALB capacity ramp-up seen supporting 2H growth by 2026 target

DBS Group Research analysts Tina Ting Hu and Pei Hwa Ho say CALB is accelerating capacity expansion and targeting 400 gigawatt-hours of capacity by 2026, likely underpinning strong 2H growth.

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DBS Group Research’s Tina Ting Hu and Pei Hwa Ho said CALB’s new capacity ramp-up is likely to support strong 2H growth in a note. The Chinese lithium battery manufacturer is speeding up its capacity expansion and targets 400 gigawatt-hours of capacity by 2026. The analysts expect higher…