🔋 CATL is a major battery manufacturer that supports BYD by providing advanced battery technology and materials.
🤝 CATL, backed by the Chinese government, allows BYD extended payment terms, aiding BYD’s cash flow.
🔄 This arrangement involves a network of companies where delayed payments are offset by other financial support mechanisms.
@mfncristianbarros:
“Companies like CATL, one of the largest manufacturers of batteries and related technology in the world, help BYD. CATL can provide the development of new technologies in battery manufacturing, materials for batteries such as cathodes, anodes, advanced battery cells, and the development of fast-charging station networks. CATL, with the help of being a company also owned by the government, allows these payment agreements, because it is also a strategic company for the growth of the electric vehicle industry.”
Watch the exact part of the video where Cristian talks about CATL here:
Watch the video on YouTube.
Read more articles by the world’s top 100 analysts on CATL at the following link. BLOG.
