China’s battery giant CATL faces tough choices after epic US$130b sell-off
Robin Zeng Yuqun, chairman of the Chinese battery giant Contemporary Amperex Technology Ltd (CATL), has maintained an upbeat image in recent weeks, telling a conference last month that battery storage was becoming “an indispensable new infrastructure for the power system”. But analysts are less optimistic about the industry’s near-term outlook, with some calling on Zeng to take stronger measures…
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