CATL: The company's upstream resource layout is well-established, employing various methods to ensure supply chain stability and achieve a cost advantage compared to industry peers.

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Securities Daily News reported that on March 18, Ningde Times responded to investor questions on the interactive platform, stating that the company has a well-established upstream resource layout, employs various methods to ensure supply chain stability, and has a cost advantage compared to peers. Additionally, as the company’s sodium-ion and other products are gradually promoted, dependence on resources like lithium will be reduced to some extent. Furthermore, electric vehicle subsidy policies are shifting toward mid-to-high-end models, which will be more favorable for the company’s dominance in the mid-to-high-end vehicle market in the future.

(Source: Securities Daily)

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