CATL denies reducing lithium iron phosphate production and emphasizes cooperation with suppliers to promote industry development

Recently, the news that "CATL plans to reduce the production of lithium iron phosphate" has caused heated discussions on the Internet, causing concerns in the industry. In response, CATL responded quickly and made it clear that the rumor was not true. The company said that the current new energy market is developing well and demand is strong. It has always maintained good interaction and cooperation with suppliers to jointly promote the development of the industry. In addition, CATL is also committed to technological innovation and sharing industry dividends. In fact, the company's rapid development is inseparable from the support of the lithium iron phosphate market. From January to November this year, CATL's installed capacity reached 211.72GWh, accounting for more than 45% of the domestic market, of which the installed capacity of lithium iron phosphate batteries reached 127.09GWh, exceeding ternary 50%.