Slower sales growth, lower prices and growing inventories have spooked carmakers, leading some to reconsider their electric vehicle plans to bolster their finances.
Tesla and CATL: A Comparative Analysis of Q3 Financial ReportsImpacted by Tesla’s production-line upgrades at Giga Shanghai, CATL is the only company among China’s top five EV battery makers to experience a reduction in installed volume in September, according to Wards Intelligence’s analysis.