Battery Frenzy: The CATL Effect and What it Means for Our Energy Future The latest forecast from Goldman Sachs has sent shockwaves through the financial world, predicting a 50% jump in shares for battery giant CATL.
This surge is driven by the company's burgeoning energy storage business, which is being seen as a potential game changer.
CATL's dominance in the electric vehicle (EV) battery market has been well documented, with its 30% global market share last year sparking concerns among competitors.