Source: Tech – South China Morning PostA senior executive from Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles (EVs), urged authorities on the mainland to intervene in the price war that is roiling the market for new energy cars.
Ni Jun, CATL’s chief manufacturing officer, on Wednesday said the brutal discount war would not end if Beijing remained on the sidelines.
“One big player cannot always lower prices [to gain market share] while driving out all other small rivals,” he…Read More