CATL and BYD are kings of China’s electric vehicle (EV) battery market, leaving breadcrumbs for a long list of second-tier players to fight over. A life-and-death period is shaping up for that group, as a brutal price war threatens to wipe out many – a common theme in numerous emerging Chinese sectors plagued with overcapacity.
作者：陳竹。本文僅代表作者觀點。
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