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EV Battery Giant CATL Doubled its Profits in Q2 Earnings

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Chinese EV battery giant CATL continues to pull ahead of the rest of the industry, with revenue rising a massive 158% in Q2!

, according to the China Association of Automobile Manufacturers.

That said, it’s not all sunshine and buttercups for the Chinese battery maker. The prices on rare-earth metals remain high, with lithium prices leading the charge ,, en route to what may be record highs in the coming months.

 

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