Market Shakeout Ahead
The current landscape is witnessing a significant shakeout among battery manufacturers, particularly in China, as companies struggle with low to negative margins to maintain market share. While larger players like CaTl and BYD are expected to endure, smaller tier three manufacturers may face severe challenges due to their reliance on spot market contracts. The cyclical nature of the market suggests that not all planned manufacturing plants will come to fruition, leading to a consolidation in the industry.In this clip
From this podcast
Catalyst with Shayle Kann
Unpacking China’s cheap battery costs
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