🔴 CATL is trading 4.4% down today after Li Auto expanded in-house battery deployment

CATL is trading 4.4% down at THB 4.78 after Li Auto expanded its self-developed battery rollout across its vehicle lineup.

• Li Auto plans to reduce reliance on CATL, with upcoming models gradually transitioning from CATL packs to in-house batteries.
• The move raises concerns about future customer concentration and battery-supply volumes.
• Broader market conditions were broadly neutral on September 15.