Falling sales to widen profit gap between China’s EV makers and battery suppliers
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Source: South China Morning Post
Published: 2026-05-07 11:00 UTC+10:00
Section: CATL
Factuality Score: 100
Opinion Category: Neutral
Topics: Asia, China, Financial Markets, Business & Economy, Asia Pacific
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Snippet:
Carmakers’ profit margin stood at 3.2 per cent in the first quarter, versus 6 per cent for downstream industrial firms, according to CPCA
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