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Chinese battery giant CATL in discussions to set up R&D centres in Hong Kong

Chinese battery giant Contemporary Amperex Technology (CATL) is discussing setting up R&D centres in Hong Kong to create more intellectual property that can be licensed abroad and within the industry, its chairman told reporters on Monday ahead of a meeting of China’s parliament, the National People’s Congress.
Robin Zeng is a member of the Chinese People’s Political Consultative Conference (CPPCC), a top advisory body of experts, business leaders and representatives from other political parties. The CPPCC held their opening meeting on Monday. (Reporting by Sarah Wu; Editing by Jacqueline Wong)