On November 5, news emerged indicating that with the purchase tax subsidy for new energy vehicles slated to decrease in the coming year, procurement teams from multiple Chinese automakers have swarmed the headquarters of Contemporary Amperex Technology Co. Limited (CATL). Their objective? To secure battery production capacity during the year's final sales quarter. The prevailing supply constraints predominantly affect CATL's high-nickel, premium battery products. These batteries are primarily utilized in mid-to-high-end vehicle models, typically priced above 300,000 yuan. Automaker insiders have revealed that a fierce competition is underway to secure these batteries, as each additional vehicle delivered in the fourth quarter directly correlates with increased revenue. CATL, for its part, is more inclined to extend capacity guarantees and offer discounts to automakers that exclusively use its batteries and demonstrate significant shipment volumes.