GCTL Accelerates Energy Transformation by Equipping Customers with New Energy Storage Technology
GCTL, a joint venture between GLP and Contemporary Amperex Technology Ltd. (CATL), the world’s leading battery provider and the largest maker of electric vehicle (EV) batteries, has been actively driving development of energy storage infrastructure in industrial and commercial sectors in China.
China’s CATL Extends Lead as World’s Top EV Battery Maker
Contemporary Amperex Technology Co. Ltd.’s share of the electric-vehicle battery market continues to grow, according to the latest data from Seoul-based SNE Research, which show the Chinese company accounted for 37.1% of global sales in the first 11 months of 2022. GLP partners with CATL through joint venture GCTL to expand the use of clean energy in logistics and transportation.
GLP Goes on Acquisition Spree in China and Japan with Distinct Strategies
By Goola WardenSince its IPO last year, Global Logistic Properties (GLP) has been on an acquisition drive in China and Japan, and that appears to have accelerated this year.
With a successful Singapore listing underpinning further growth, Asia’s largest logistics facilities provider, Global Logistics Properties (“GLP”), is well positioned for the next phase of its development.