Many automakers announced plans to develop their own batteries, challenging CATL's dominance

Many automakers, including GAC Aion, NIO, and Zeekr, have announced plans to develop their own batteries, which will help them reduce their dependence on external suppliers such as CATL and improve their competitiveness in the new energy vehicle market. These automakers' plans to develop their own batteries may pose a challenge to CATL's market position.