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Chinese battery manufacturer CATL has begun expanding its low-cost batteries by offering cost reductions and discounted battery prices for Chinese automakers. On the 27th, Reuters reported on a “low price discount” by interviewing four people familiar with the conditions for offering battery discount prices to electric vehicle manufacturers. The battery discount price offer discounted battery pr..

Sales of electric vehicles exceeded 10 million units last year, battery production surged 40%, and lithium production tripled, increasing China's dominance and increasing US subsidies. A Bloomberg report says electric vehicle (E.V.) sales will increase by 60% in 2022, with total sales exceeding 10 million, with nearly 30 million currently on the road, up from 10 million at the end of 2020. The N..