Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

CATL’s Slower Profit Growth Fans Fears for China Battery Rivals

Battery giant Contemporary Amperex Technology Co. Ltd.’s slower-than-expected quarterly profit growth has prompted analysts to warn that the company and its peers may struggle to manage pressure from a revived domestic consumption tax and the end of other fiscal benefits.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

More from Wednesday 21 October →