GUANGZHOU -- China's Contemporary Amperex Technology (CATL) has held onto its global lead in electric vehicle batteries and widened its profit margins thanks to high-performance products, even as competitors struggle with a slowdown in Western EV markets.
Electric cars in China
China's CATL keeps profits growing despite EV headwinds
Advanced batteries power rise in top player's market share to nearly 40%
CATL's net profit gained 15% last year while competitors suffered setbacks. © Reuters
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