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CATL Intends to Switch Focus to Overseas Expansion as Competition in CN Mkt Getting Too Intense
Ni Jun, CATL (03750.HK)'s Chief Manufacturing Officer, revealed that the company is prioritizing overseas expansion as the competition in the Chinese automotive market is so in...
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CATL Intends to Switch Focus to Overseas Expansion as Competition in CN Mkt Getting Too Intense
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Ni Jun, CATL (03750.HK)  +3.200 (+0.986%)    Short selling $239.16M; Ratio 21.550%   's Chief Manufacturing Officer, revealed that the company is prioritizing overseas expansion as the competition in the Chinese automotive market is so intense that it is threatening the healthy development of the industry.

As both industry insiders and the government are aware that irrational competition is unhealthy and can destroy the industry, the company is making every effort to heighten production utilization to cope with the challenging market environment and has been studying global expansion strategies given the increasing global demand for high-quality batteries, Ni added.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-06-26 16:25.)

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