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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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CALB's new capacity ramp-up is likely to underpin strong 2H growth, say DBS Group Research's Tina Ting Hu and Pei Hwa Ho in a note.

The Chinese lithium battery manufacturer is accelerating its capacity expansion and targets to equip 400 gigawatt-hours of capacity by 2026.

The analysts expect higher…