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China’s electric vehicle ‘elimination contest’, CATL to see strong growth: 7 EV reads
From an expectation of strong growth for China’s CATL to Zeekr challenging BMW and Mercedes, here are seven EV stories you may have missed
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1. Chinese EV battery maker CATL to see strong growth in 2025: analysts
Analysts said Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles (EVs), would see strong growth in 2025 after the company reported record earnings for last year.
2. China’s new energy vehicle sector faces ‘elimination contest’ amid crackdown
China’s new energy vehicle sector – which has been embroiled in a vicious price war – is set for a brutal “three-year elimination contest” that more than three-quarters of firms are unlikely to survive, industry insiders said.
3. Why does a Kazakh tycoon want to ride China’s electric vehicle wave?
“We are a natural partner for China, especially in the growing EV sector,” says Kenges Rakishev, chairman of the Fincraft Group.
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