A heated price war in China's NEV sector late last year and incentives offered by BYD to dealers may have dragged down profits.
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Battery supplier CATL is developing faster-charging battery cells for Tesla, according to Bloomberg (via Automotive News). CATL chairman Robin Zeng mentioned this project in an interview with Bloomberg in Hong Kong on Monday, in which he also confirmed that CATL is supplying equipment for Tesla's Nevada battery factory. Zeng also mentioned Tesla's... 