CATL: Global battery market expected to grow 20%-30% in 2027

CATL management said at the earnings briefing held this evening that the company's capacity utilization was saturated in the first half of the year, and it expects global market growth of 20%-30% in 2027, and the company will continue to advance capacity construction and market share improvement. With reasonable capacity control by relevant departments, the involution in the lithium battery industry may be better than before.