Caixin
Feb 21, 2023 07:54 PM
TECH INSIDER

Tech Insider: Lenovo’s Sales Tumble, CATL’s Drive for Dominance

On Sept. 8, 2022, a new energy battery produced by CATL was displayed at the 22nd CIFIT in Xiamen. Photo: VCG
On Sept. 8, 2022, a new energy battery produced by CATL was displayed at the 22nd CIFIT in Xiamen. Photo: VCG

Welcome to Caixin’s Tech Insider, your twice-weekly wrap on the movers, shakers and deal-makers in China’s tech scene.

CATL offering steep discounts to carmakers in quid pro quo deal

Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric-vehicle (EV) battery-maker, is seeking to build stronger partnerships with automakers by offering them steeply discounted prices in a bid to further consolidate its market dominance amid tough competition with smaller rivals, Caixin has learned.

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