Founder of largest EV battery maker becomes a billionaire
The Chinese founder of world's largest electric vehicle battery maker CATL, Zeng Yuqun, has become a billionaire with a net worth of $3.4 billion, according to Bloomberg. The company achieved a valuation of $12.3 billion on the first day of trading on Monday after its shares soared 44%. The 50-year-old engineer, who started CATL seven years ago, owns 26% stake. 