🔥CATL, the world's largest power battery supplier, is facing a significant crisis after a series of incidents and the end of government subsidies.
💰CATL's market value has plummeted, and its dominance in China's domestic power battery market is being challenged.
🔋CATL's financial situation is worrisome, with a high debt-to-asset ratio.
🌍Overseas expansion is hindered by Western blockades.
📉CATL's rise and fall can be traced back to the Chinese government's subsidies and the changing landscape of the new energy vehicle industry.