CATL confronts triple threat to its EV battery leadership

Chinese company takes on mining projects, expands overseas and develops new tech

20230807N Bolivia salt flats REU

Evaporation pools at Bolivia's Uyuni salt flat, a rich source of lithium. © Reuters

YUSUKE HINATA, Nikkei staff writer

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.

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