During an interview at the Benchmark Mineral Intelligence conference in Shanghai, Zeng Yuqun, Chairman of CATL, emphasized that customers need more affordable batteries and downplayed external worries about the company becoming too large. He stated that CATL's growth is not a concern. The company is focused on lowering battery prices to reach more consumers and continues to serve what it describes as the high-end market, while more suppliers are expected to emerge in other segments.
