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

No comments:

Post a Comment

Elon Musk wanted $80 billion to colonise Mars, OpenAI president testifies at trial

Elon Musk sought complete control of OpenAI to fund his Mars colonisation dream. He aimed to raise $80 billion for a Martian city. This re...