🔴 CATL is trading 5.66% down today after unconfirmed report of nearly 10% production decline

CATL is trading at THB 5.00 (-5.66%) as investors reassess its competitive position amid automaker battery-supplier diversification.

• An unconfirmed industry report suggests September production could decline nearly 10% month-over-month, reversing expected seasonal growth.
• CATL unveiled its TECTRANS II commercial-vehicle battery on September 15, but the announcement did not offset negative sentiment amid intensifying Chinese battery competition.