EconomyCATL likely to retain China EV battery dominance despite stock stress, analysts say
Analysts say CATL is unlikely to lose its dominance of China’s electric vehicle battery market over the coming year, citing strong brand recognition and technological advantages. Its shares have nevertheless tumbled as profit-squeezed automakers compete, while Chinese carmakers seek to reduce reliance on CATL; Xiaomi and Li Auto highlighted partnerships with second-tier battery makers in September.
CATL likely to retain China EV battery dominance despite stock stress, analysts say
Economy