Wednesday, July 26, 2023

Battery giant CATL posts slower profit growth as competition heats up

China's battery makers including CATL are facing challenges of weakening demand and bigger cost reduction pressure from EV makers amid a price war and a slowdown in auto sales this year.

from Tech-Economic Times https://ift.tt/HULSwjC

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Poor data sharing undermining EU cyber defences, auditors say

The 27-nation bloc was investing more and more in cybersecurity - with €1.4 billion ($1.61 billion) in its current budget - and improving co...