BYD overtook CATL in LFP market share again after six months, the last time being in July 2022.
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Chinese companies, including CATL and BYD, saw explosive growth in the power battery market, while South Korean and Japanese manufacturers were not performing as brightly.
As a beneficiary of the current era and an industry leader, CATL has a responsibility to maintain a good industry ecology, not bully the weak, he said.
This is CATL's first direct partnership with an asset management company that operates energy storage projects, and the two will work to expand the partnership to 10 GWh.
The first production line at CATL's plant in Thuringia, Germany, went into operation and the installation and commissioning of the remaining lines are in full swing.