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The world\u2019s largest electric vehicle battery manufacturer is intensifying its global expansion efforts as it seeks to sustain its growth amid increasing competition in China’s EV market. CATL believes it can only maintain its dominant position by focusing on international markets.As the Chinese domestic market heats up over EV price wars and factory overcapacity, battery manufacturer CATL is next in line to intensify its investments abroad. Only last week, Chinese EV maker Aiways announced that it was leaving its home country to focus exclusively on foreign sales. It no longer wanted to be sucked into a negative pricing spiral.This content…<\/p>\n","category_list_v2":"Batteries<\/a>, China<\/a>, Energy<\/a>, Industry<\/a>, Top Stories Today<\/a>","author_info_v2":{"name":"Piet Andries","url":"https:\/\/newmobility.news\/en\/author\/piet-andriesgmail-com\/"},"comments_num_v2":"0 comments","yoast_head":"\nCATL is next Chinese company to seek more fortune abroad - newmobility.news<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/newmobility.news\/en\/2024\/05\/24\/catl-is-next-chinese-company-to-seek-more-fortune-abroad\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CATL is next Chinese company to seek more fortune abroad - newmobility.news\" \/>\n<meta property=\"og:description\" content=\"The world\u2019s largest electric vehicle battery manufacturer is intensifying its global expansion efforts as it seeks to sustain its growth amid increasing competition in China's EV market. 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