Leapmotor's vice president proposes a price reduction target for power batteries, which is questioned by the industry

Cao Li, vice president of Leapmotor, believes that the price of power batteries can be reduced to 0.32 yuan/Wh, but people in the battery industry say this goal is difficult to achieve. Despite fierce competition, power battery companies may adopt a "losing money to gain publicity" strategy in order to seize market share, so it is not completely impossible to reduce the battery price to 0.32 yuan/Wh.