They should be more concerned about the gap widening between them and the #2 manufacturer (BYD). None of them even have LFP up and running yet meanwhile CATL and BYD are already well-entrenched with that tech… and leagues ahead regarding sodium-ion tech.
bruh… LG, SK, and Panasonic shouldn’t even bother with being concerned about catching up to CATL at this point. It’s clearly a lost cause.
The market share of all those 3 companies combined is still lower than CATL’s. (With the Korean manufacturers having a shoddy track record with their batteries anyways).
They should be more concerned about the gap widening between them and the #2 manufacturer (BYD). None of them even have LFP up and running yet meanwhile CATL and BYD are already well-entrenched with that tech… and leagues ahead regarding sodium-ion tech.