In Depth: CATL loses EV battery crown as foreign players muscle in

Chinese producer shocked by outside competition in vast home market

20200710 CATL logo

CATL began facing a real challenge after a government list of recommended battery suppliers was scrapped, paving the way for fierce competition. © AP

ZHENG LICHUN and MO YELIN, Caixin

Contemporary Amperex Technology has seen its spark fade this year, losing its position as the world's top electric-car battery maker after foreign rivals began to invade the country's massive market.

The luck of CATL, as the company is known, has turned amid changes to China's industrial policies, which initially helped the company's rapid rise to the top.

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