
China’s Electric Future: BYD Surges, CATL Slips – The New Dynamics of Power
BYD expanded its presence in China’s EV battery market, capturing a significant 23.62% share in February, marking a 0.72 percentage point increase over January. BYD’s NEV sales surged by 163.95% year-on-year, driving their prominence in the competitive EV sector. CATL maintained a