BYD, One-Upped By Local Rival CATL, Intensifying Pressure On Global BEV Makers

Group 1 - Contemporary Amperex Technology Co., Limited (CATL) showcased new products at the Shanghai Auto Show, including a battery that claims to have set a new standard in the automotive industry [1] - The event highlighted CATL's significant role in the global automotive market, drawing attention from industry leaders and competitors [1] Group 2 - The article emphasizes the importance of innovation in the battery manufacturing sector, particularly in relation to electric vehicles [1] - CATL's advancements may influence market dynamics and competitive strategies among automotive manufacturers [1]