Report: On the eve of the decline in vehicle purchase tax, automakers are "blocking the door" to CATL

Purchasing personnel from several Chinese car companies gathered at the sales office of CATL headquarters to "block the door," hoping to secure CATL's battery production capacity before the decline of subsidies for new energy vehicle purchase tax in the last sales quarter. An insider from a car company said, "It's a battle for batteries now; every additional car delivered in the fourth quarter means more revenue." According to our understanding, CATL is more willing to provide guarantees and discounts to car companies with full-line installations and large shipment volumes. (LatePost)