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Saturday, April 27, 2024

CATL confronts triple threat to its EV battery leadership

GUANGZHOU — China’s Contemporary Amperex Technology (CATL), the world’s leading supplier of electric-vehicle batteries, is trying to head off three risks to its business by securing crucial minerals, seeking out more overseas buyers, and expanding beyond the auto industry.

CATL has taken a series of steps on the supply chain front, an area investors are watching closely.

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