CATL looks beyond China's passenger-car squeeze as electric trucks become the next growth front
CATL maintains a dominant share in the EV battery market, creating a component shortage for Chinese automakers. The company is seeking new growth points in the electric truck segment, moving beyond China's shrinking passenger EV market.
- CATL has held leadership in EV battery market share for years
- Chinese automakers face component shortages due to CATL's position
- Electric trucks named as next growth direction for CATL
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