China’s electric vehicle ‘elimination contest’, CATL to see strong growth: 7 EV reads

We have put together stories from our coverage on electric and new energy vehicles from the past two weeks to help you stay informed. If you would like to see more of our reporting, please consider subscribing.

1. Chinese EV battery maker CATL to see strong growth in 2025: analysts

Analysts said Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles (EVs), would see strong growth in 2025 after the company reported record earnings for last year.

2. China’s new energy vehicle sector faces ‘elimination contest’ amid crackdown

China’s new energy vehicle sector – which has been embroiled in a vicious price war – is set for a brutal “three-year elimination contest” that more than three-quarters of firms are unlikely to survive, industry insiders said.

3. Why does a Kazakh tycoon want to ride China’s electric vehicle wave?

Kenges Rakishev, chairman of the Fincraft Group. Photo: Handout
Kenges Rakishev, chairman of the Fincraft Group. Photo: Handout

“We are a natural partner for China, especially in the growing EV sector,” says Kenges Rakishev, chairman of the Fincraft Group.

  

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