CATL cutting battery costs for some of its customers

17 February 2023
Stiff competition in battery business is forcing CATL to offer substantial discounts to its core customers with some being excluded from the new deal.

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Considering the only ones getting a discount are the Chinese companies who do not have a partnership with any foreign company. It is pretty clear it is a counter to the IRA to try to push Chinese dominance in the EV market.