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 will set up an investment fund to pour around 625 billion yen ($5.6 billion) into logistics facility development in Japan, targeting a dozen or so properties planned in 2019 and beyond.
Indospace Closes US$1.2 billion ILP III, India’s Largest Logistics Real Estate Fund
IndoSpace (a GLP joint venture) – the largest industrial real estate company in India – has closed the largest logistics real estate fund ever raised in India, the US$1.2 billion IndoSpace Logistic Parks I