CATL has arrived early to the carbon asset management market, but it is expected to forge a formidable presence by leveraging existing resources and expertise.
The company remains the global leader in electric vehicle battery manufacturing, but a slowdown in its profit growth suggests that competition is rising and market dynamics are evolving.
Potential EV adopters, held back by concerns over slow charging times, may find confidence in CATL’s Shenxing battery technology to jump on the bandwagon.