CI-CATL@EP2704A

LEOCH INT'L

STARGLORY HLDGS

INTELLIMARK W27

BEST FOOD HLDG

GAOYU FINANCE

EXTREME VISION

TIAN TU CAPITAL

HSC RESOURCES

EPI (HOLDINGS)

LAP KEI ENGRG

BYDDF

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BYDDY

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In Jan-Feb 2026, CATL and BYD held a combined 55.5% of the global EV battery market, down from 59.0% in January. CATL maintained a 42.1% share with 56.9 GWh installations, while BYD's share fell to 13.4% with 18.1 GWh. Total global EV battery usage reached 134.9 GWh, up 4.4% year-on-year. South Korean firms faced challenges, with their combined market share dropping to 15.0%. LG Energy Solution ranked third with 8.7% share, while SK On and Samsung SDI saw significant declines in usage.

- CATL and BYD collectively held a 55.5% share of the global EV battery market in January-February 2026, down from 59.0% in January.  
- Total global EV battery usage increased to 134.9 GWh, representing a 4.4% year-on-year growth.  
- CATL maintained its dominance with a 42.1% market share, while BYD's share fell to 13.4% due to declining sales in the Chinese market, amidst challenges faced by South Korean battery makers.

CnEVPost

BYD Company Limited

CATL

BYD COMPANY

BYD Company

Hua Xia CSI New Energy Vehicles ETF

Hwabao WP CSI Intelligent Electric Vehicle ETF

Global EV battery market share in Jan-Feb 2026: CATL 42.1%, BYD 13.4%

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In April, 42 securities firms released their investment strategies, recommending a total of 315 individual stocks. The recommendations are concentrated on leading enterprises with global competitive advantages and sub-sectors aligned with long-term industrial trends. CATL, Zhongji Innolight, and BYD became the most highly recommended stocks, receiving recommendations from 9, 8, and 7 securities firms, respectively, indicating a concentration of institutional capital toward high-quality assets

Wallstreetcn

Zhongji Innolight

April Sees Consensus in Securities Firms' "Golden Stock" Recommendations

TSLL

TSLS

TSLT

Tesla faces a significant threat from CATL, which controls 37% of the global EV battery market, rather than traditional rivals like BYD. CATL's influence on battery costs, which have fallen 90% over the past decade, shapes the pricing power of electric vehicles. As CATL expands its reach beyond automotive batteries into sectors like shipping and power grids, it drives demand and lowers costs, forcing automakers, including Tesla, to compete on price rather than just technology. This shift emphasizes the importance of affordability in the EV market.

- Tesla, Inc. faces competition not only from rivals like BYD but also from battery manufacturer Contemporary Amperex Technology Co., Ltd. (CATL), which holds a 37% share of the global EV battery market.  
- CATL's influence on battery costs, which have fallen by about 90% over the past decade, is shaping EV pricing and driving demand for electric vehicles across various sectors.  
- As CATL expands its operations and lowers battery costs, Tesla and other automakers are pressured to compete on price, not just technology, impacting their profit margins and growth strategies.

benzinga_article

Direxion Daily TSLA Bull 2X Shares

Direxion Daily TSLA Bear 1X Shares

T-Rex 2X Long Tesla Daily Target ETF

GraniteShares 1.25 Long TSLA Daily ETF

Simplify Volt TSLA Revolution ETF

GraniteShares 2x Long TSLA Daily ETF

Leverage Shares 2X Long TSLA Daily ETF

GraniteShares 2x Short TSLA Daily ETF

AXS TSLA Bear Daily ETF

Tesla

T-Rex 2X Inverse Tesla Daily Target ETF

Tesla's Biggest Threat Isn't BYD — It's A Company That Doesn't Even Make Cars

002468

CATL has signed a strategic agreement with STO Express to electrify logistics trucks and develop charging and battery swap facilities. The partnership aims to reduce fuel costs in the express delivery industry by promoting fleet electrification and enhancing battery management. CATL plans to expand its battery swap stations from 300 to 900 by 2026, focusing on key economic regions in China. This initiative is expected to improve energy efficiency and alleviate range anxiety for electric trucks, contributing to greener logistics solutions.

CATL signs deal with Chinese express giant to electrify delivery trucks

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BACHY

601988

IDCBY

601398

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The Shanghai Composite fell 0.8% to 3,887, and the Shenzhen Component decreased 0.1% to 13,474, indicating potential weekly losses amid investor caution due to ongoing Middle East tensions. China's composite PMI dropped to 51.5 in March, reflecting declines in both manufacturing and services. Notable stock declines included Contemporary Amperex Technology (-3.3%), BYD (-1.6%), Industrial and Commercial Bank of China (-1%), and Bank of China (-1.4%).

Trading Economics

ICBC

Bank of China

Bank Of China

INDUSTRIAL & COMMERCIAL BK OF CHINA UNSP ADR EACH REPR 20 ORD SHS

BANK OF CHINA

China Stocks Head for Weekly Losses

Zhang Xue's motorcycle won the WSBK championship, igniting the popularity of domestic motorcycles. New Energy An, with its industry's first large single 72V90Ah product in 2025, may become the strategic first choice for Zhang Xue's motorcycle oil-to-electric strategy

36Kr

Zhang Xueji's motorcycle oil may first choose New Energy An

000550

QCOM

CARZ

516110

Jaguar Land Rover and Chery have revived the Freelander brand as an independent EV brand, planning to launch six new electric vehicle models over the next five years. The global headquarters is established in Shanghai, with significant partnerships with Huawei, CATL, and Qualcomm. The first model is set to debut in China later this year, featuring advanced technology such as Huawei's smart driving system and Qualcomm's automotive-grade chip. Freelander aims to transform traditional auto dealers into service providers and plans to expand its store network across China.

- Freelander has been upgraded to a standalone brand with plans to release six electric vehicle (EV) models over the next five years, starting with a debut in China later this year.  
- The global headquarters in Shanghai will spearhead collaborations with Huawei, CATL, and Qualcomm, enhancing the brand's technological capabilities, including smart driving and advanced battery systems.  
- This initiative marks Freelander's return to the market, supported by a significant investment in manufacturing and plans to establish a network of 100 stores across China by 2026.

Qualcomm

First Trust S-Network Future Vehicles & Tech ETF

Guotai CSI 800 Automobile and Parts ETF

Jaguar Land Rover and Chery revive Freelander as independent EV brand, plan 6 new models

HCCD

CATL's controlling shareholder to donate some A-shares

marketscreener

CATL HK SDR 30to1

CATL's controlling shareholder to donate some A-shares

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S&P Global Market Intelligence listed the top ten Hong Kong stocks with the highest short interest ratio as of last Friday, including CATL, Guoen Technology, and COSCO SHIP HOLD. The short interest ratio is the percentage of borrowed shares relative to the total number of outstanding shares, with data sourced from S&P Global Market Intelligence's securities finance dataset

AASTOCKS

COSCO SHIP HOLD

S&P Global Market Intelligence lists the top ten Hong Kong stocks with the highest short interest ratios recently

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The disclosure of A-share listed companies' annual reports for 2025 has entered its peak period. As of March 30, 1,043 listed companies have released their annual reports, with nearly 90% achieving profitability, indicating steady improvement in overall operational quality. Leading enterprises such as Zijin Mining and CATL continued to grow steadily, while emerging industries like semiconductors and communications performed impressively, achieving strong results through technological breakthroughs and market expansion

Zijin Mining

ZIJIN MINING

Hwabao WP CSI Non-ferrous Metal ETF

ChinaAMC SSE STAR Semiconductor Material & Equipment Thematic ETF

GF CSI Rare Metals Theme ETF

ChinaAMC CSI Semiconductor Material & Equipment Thematic ETF

Guotai CSI Non-Ferrous Metal Kuangye Theme ETF

GF Fund CSI Semiconductor Material Equipment Theme ETF

China Southern CSI SWS Non-Ferrous Metal ETF

Guotai CSI All Share Integrated Circuit ETF

Guotai CSI Non-ferrous Metal ETF

Guotai CSI Semiconductor Material Equipment Theme ETF

ChinaAMC CSI Subdivision Non-ferrous Metal Sub-Industry ETF

Penghua Guozheng Non-ferrous Metal Industry ETF

Yinhua CSI Non-ferrous Metal ETF

Over a Thousand A-share Companies "Submit" Annual Reports, Emerging Industries Release New Growth Momentum

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The Persian Gulf conflict has triggered a second global energy supply crisis, accelerating the collapse of the "transition fuel" narrative for natural gas. Major economies in Asia and Europe are returning to coal, with European coal power generation potentially surging 20% this summer. India, Japan, and Bangladesh are rushing to restart coal-fired units. Meanwhile, capital markets are betting on new energy, with CATL and BYD share prices soaring over 15%

- The Gulf conflict is reshaping the global energy landscape, prompting Asia and Europe to revive coal and accelerate renewable energy adoption amidst disrupted gas supplies.  
- Major economies like Japan and India are increasing coal usage, with coal demand surging as natural gas supply shocks deepen.  
- Capital markets are betting on accelerated energy transitions, with renewable energy stocks outperforming oil giants, emphasizing a shift away from fossil fuel dependence.

Invesco Great Wall CNI Oil&Gas ETF

VanEck Oil Refiners ETF

iShares US Oil Equip & Svcs

Invesco Solar ETF

SPDR O&G Equip

United States Oil Fund LP

VG Energy

First Trust Nasdaq Clean Edg Liquid Series

Occidental Petroleum

Penghua SSE STAR New Energy ETF

Range Global LNG Ecosystem ETF

Us Brent Oil

HSPC

iShares S&P Global Clean Energy

ChinaAMC Green Electricity ETF

First Trust Natural Gas ETF

Us 12 Mth Natural Gas

BP p.l.c.

SPDR Energy Select

SPDR O&G Ex & Prd

iShares US Oil & Gas Expl & Prod

ISHRS S&P Glb Engy

Pro Ultr Natural Gas

Pro Ultr Bloomberg Crude Oil

Fisr Trust Nasdaq Clean Edge Smart Grid Infra

VanEck Oil Services ETF

Us Natural Gas

Iran War Reshapes "Energy Landscape": "Oil & Gas" Major Clients Shift to "Coal, New Energy"

The world's largest EV battery producer, China's CATL, claims the US auto market will struggle without its batteries. Despite US efforts to block Chinese batteries, CATL's founder, Robin Zeng, believes the market will eventually thrive as policies change. Automakers like Ford are already shifting towards CATL's lithium-iron-phosphate batteries, while GM imports them despite tariffs. The scale of China's EV market has significantly reduced costs, leaving the US lagging behind in battery technology development. Zeng argues that the US market is not doomed forever, as advancements will eventually break through barriers.

- China’s CATL and BYD are the largest producers of EV batteries, dominating the market while the USA seeks to limit their usage.  
- As a result of these protectionist efforts, experts predict the US auto market will struggle, and companies like Ford and GM are turning to CATL for battery solutions despite political obstacles.  
- CATL's advancements in technology and scale have positioned it favorably, leading to lower costs and a continued influence on the global EV battery market.

cleantechnica

Ford Motor

General Motors

Ping An CSI New Energy Vehicles Industry ETF

ChinaAMC CSI Hong Kong Connect Automobile Industry Thematic ETF

Guotai CSI Hong Kong Connect Automobile Industry Thematic ETF

FORD MOTOR CO 6.000% NOTES DUE 1/12/2059 USD25

Forward Industries

FORD MOTOR CO 6.500% NOTES DUE 15/08/2062 USD25

FORD MOTOR CO 6.20% NOTES DUE 01/06/2059 USD25

#1 Battery Maker in World Says USA Can’t Make EVs without China

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36Kr learned that the Aiqicha App shows that recently, Times Electric Technology Co., Ltd. underwent a business change, with its registered capital increased from 1.5 billion RMB to 1.94 billion RMB, an increase of approximately 29%. The company was established in August 2021, with Yang Jun as the legal representative. Its business scope includes the sale of new energy vehicle battery swapping facilities, battery leasing, and motor vehicle charging sales. Shareholder information indicates that the company is wholly owned by CATL

HFT CSI Auto Components Thematic ETF

ChinaAMC CSI Auto Components Thematic ETF

Ping An CSI Auto Components Thematic ETF

E Fund CSI Auto Components Thematic ETF

CATL's subsidiary, Times Electric Service Technology Company, has increased its registered capital to 1.94 billion yuan

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36Kr learned that the Hang Seng Index opened down 0.35%, and the Hang Seng Tech Index fell 0.44%; the semiconductor and technology sectors led the decline, with Zhaoyi Innovation down over 4%, SMIC and Hua Hong Semiconductor down nearly 2%, and Baidu and KUAISHOU down over 1%; the electrical equipment and automotive sectors saw the largest gains, with VPOWER GROUP up over 6%, BYD Company Limited up over 2%, and CATL up over 1%

ICBCCS CNI HK Connect Technology ETF

Guotai CSI Computer Theme ETF

VPOWER GROUP

Hua Hong

ISHRS S&P Glb It

GTJA Allianz SSE STAR Chip Design Thematic ETF

Direxion Semicon Bull 3X

Harvest Hang Seng SCHK Technology ETF

KUAISHOU-W

GTJA Allianz CSI All Share Semiconductors & Semiconductor Equipment ETF

Guotai CES Semiconductor Chip Industry ETF

ChinaAMC Guozheng Semiconductor Chip ETF

iShares Semiconductor ETF

SMIC

Baidu

BIDU-SW

The Hang Seng Index opened down 0.35%, and the Hang Seng Tech Index fell 0.44%

Li Auto 4Q25 First Take: overall, the deterioration in auto GPM had been well telegraphed for Q4, yet even against a cautious setup, the print was only middling. Both ASP and auto GPM fell QoQ. ① Revenue slightly missed as ASP contracted more than expected: Auto revenue was RMB 27.3bn vs. the street at RMB 28.2bn, driven by a larger QoQ ASP drop. ASP fell RMB 27k to RMB 250k (vs. consensus RMB 258k), as mix shifted down with higher contribution from the lower-priced i6 and lower contribution from the higher-priced Mega. Li Auto also stepped up discounts on legacy L-series models in Q4, further pressuring ASP. ② Auto GPM broadly in line with expectations and prior guidance: 4Q auto GPM was 16.8%, down 300bps from 19.8% in 3Q after excluding the Mega recall impact, and within management’s 15.8%–16.8% guide. The decline was mainly ASP-driven; despite the i6’s strong demand, supply-chain constraints (battery shortages) limited scale benefits, with total deliveries up only 17% QoQ to 109k. Scale efficiencies therefore did not fully offset the ASP headwinds. For 1Q26 guidance, revenue is guided below expectations: ① 1Q26 delivery guide of 85k–90k, with the midpoint roughly in line with the street’s 88k: Implied Mar. deliveries are 31k–36k (Jan./Feb. at 28k/26k). The sequential pickup should come as i6 capacity ramps in Mar., with management previously indicating post-CNY i6 monthly sales could reach 20k. Adding a second battery supplier has partially eased the i6’s CATL battery shortage. However, the guide still implies a 3%–9% YoY decline vs. 93k in 1Q25, as legacy L-series volumes are under heavy pressure. L-series sold 18k in Jan.–Feb. 2026 (9k per month on Avg.), down 67% vs. 55k a year ago, due to aging models with customers awaiting 2Q launches, intensified competition with larger/cheaper peers, cannibalization from Li Auto’s own BEV i6/i8, and sector-wide demand softness from purchase-tax step-down. ② 1Q26 revenue guide of RMB 20.4bn–21.6bn, well below the street’s RMB 23.9bn: With volume roughly in line, the revenue shortfall reflects a further ASP reset. Guided ASP is ~RMB 222k in 1Q26 vs. RMB 250k in 4Q25, which Dolphin Research attributes to the i6 mix rising from 26% in 4Q25 to ~60% in 1Q26 as capacity releases, and aggressive discounting to clear legacy models ahead of the new model cycle starting in 2Q. Dolphin Research views the print and guide as average at best, and revenue guidance below expectations. That said, on valuation, sentiment may find two supports: an L9 refresh expected in 2Q could kick off a new product cycle, and the rumored debut of Li Auto’s humanoid robot in 1H26 may offer near-term optionality and a downside cushion. Stay tuned for our detailed take.

LI AUTO-W

Li Auto

Today’s Key News Recap

0310 | Dolphin Research Focus: 🐬 Macro/Industry1) On Mar 9 (local time), Trump said US military action against Iran would end 'very soon' but not this week. He also indicated the US would ease some oil-related sanctions to cool prices, while warning of tougher strikes if Iran blocks the strait.The remarks briefly soothed energy and financial markets, capping near-term upside in crude. They tempered expectations for a sharp oil spike in the short run.However, the conflict continues and Tehran has issued a hard-line response. Geopolitical risk has not cleared...

NVIDIA

Taiwan Semiconductor

BABA-W

BABA-WR

Alibaba

TSM Feb revenue down MoM; Alibaba Qwen management reshuffle finalized | Daily News Recap

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CI-CATL@EP2704A(27369.HK)

CI-CATL@EP2704A Stock Performance Chart

Global EV battery market share in Jan-Feb 2026: CATL 42.1%, BYD 13.4%

April Sees Consensus in Securities Firms' "Golden Stock" Recommendations

Tesla's Biggest Threat Isn't BYD — It's A Company That Doesn't Even Make Cars

CATL signs deal with Chinese express giant to electrify delivery trucks

China Stocks Head for Weekly Losses