BYD announced a 10% price increase for its top negative electrode suppliers, but CATL has not yet followed suit

BYD recently announced a 10% price increase for its top negative electrode suppliers because the prices of the bidding orders before the New Year were too low, and the company was facing production at a loss, making it difficult to execute most orders. However, as of now, there has been no news of CATL raising prices for material suppliers.