CATL is trading at THB 5.00 (-5.66%) after an unconfirmed report suggested September production could decline nearly 10% month-over-month, reversing expected seasonal growth.
- Investor concerns deepened as Li Auto transitions more models toward in-house cells manufactured by Sunwoda, reducing reliance on CATL.
- The move reflects growing concern about CATL’s competitive position and customer diversification across China’s EV-battery sector.