CATL, China's largest battery maker for electric vehicles, may seek a second listing in Hong Kong as soon as 2025 and consider raising at least $5 billion, according to Bloomberg, citing people familiar with the matter.

In June 2018, CATL was listed on the Shenzhen Stock Exchange, raising 5.462 billion yuan.

CATL's major customers include Chinese car companies such as Nio and Li Auto, as well as overseas automakers such as Tesla and BMW.