CONNECT WITH US
Climate & Energy

Climate & Energy

Interesting Messaging War Regarding CATL in China

CleanTechnica logo

Published on

Add as a preferred source on Google
Interesting Messaging War Regarding CATL in China

Something interesting is going on in China, and I’m not exactly sure what to make of it.

Typically, I don’t see a lot of rival narratives in Chinese media. One story is often covered the same across the industry, and there’s not a ton of competing narratives arguing with each other. However, there is a kind of messaging war bubbling in the country regarding CATL, the world’s biggest battery maker.

I saw a headline in the past week or so about automakers moving away from CATL, moving away from a reliance on the company’s batteries. For those of us who have been following the EV industry and the related battery industry for a long time, we can probably remember when CATL wasn’t at the top of the charts. There was LG Chem, there was Samsung SDI, there was SK Innovation, there was BYD itself, and some others. Then CATL started growing and growing, winning more and more big contracts with notable automakers. Eventually, it climbed into the #1 position, and then it put a lot of space between itself and others. While it was still far from a monopoly, it seemed no one could really compete with CATL.

So, it was a little surprising to see this news pop up of a move — within China even — away from CATL. Had CATL gotten too dominant? Was it making things too tough on buyers?

Well, now news comes out (of state media agency China Daily ) that this media hype against CATL is wrong, misleading, or at least misguided.


Source link
Related Topics:Climate & Energy

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We TheMorningPulse.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It's possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.