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<Research>JPM Keeps CATL as Industry Top Pick; Super Tech Day Sets New Industry Standards
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CATL (03750.HK) showcased upgraded performance across its passenger vehicle battery portfolio at its Super Tech Day, including the Shenxing superfast-charging battery, Qilin and condensed-state batteries (targeting high-performance electric vehicles), the Freevoy extended-range battery, and the Naxtra sodium-ion battery, according to a report by JPMorgan.

Coupled with the provided updates on the charging and battery-swapping ecosystem, JPMorgan believes CATL's Tech Day has reinforced its confidence in the battery maker's technological leadership. The broker has maintained CATL as its top pick in China's battery sector.

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