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Contemporary Amperex Technology or CATL is a Chinese company acing production in lithium-ion batteries and they have said to take over the other manufacturing giants such as General Motors and Ford, combined. CATL is now being compared to stand rival against Tesla, interestingly enough to which it already supplies batteries to. So what did CATL do to take over GM and Ford? Well, it could be the subsidy over technology, a captive buyer’s market and of course it benefitted out of the government’s commitment of drawing international automaker companies to use locally produced ones. With CATL progressing high on lithium-ion batteries, it is worth considering the areas of green technology and will CATL dominate Western driving in this century? Explained by Arijita Sinha Roy #China #EV #CATL #LithiumIon #Cobalt #chinesecompanies #chineseeconomy #billionaires #robinzheng #Tesla #ford #GM #cars #economy #climate #greentechnology