"The program will be implemented starting in the third quarter, and some car companies are already in the process of signing the cooperation, according to the report.CATL, meanwhile, has asked its upstream suppliers for a price cut of about 10 percent."
Can someone explain why would the likes of PLS or in fact any other lithium supplier agree to a 10% drop in their price? Huh I don't understand.
Care to explain sunny or any other poster?
Cheers
Moowee
Good News & Bad News, page-23775
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