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CATL is aggressively expanding its business horizons, with a particular emphasis on advancing its skateboard chassis initiative. In a significant milestone, its subsidiary Times Intelligence has secured a valuation of 9 billion yuan in its inaugural round of external funding, garnering substantial interest from investors. The skateboard chassis, noted for its high level of integration, promises to streamline vehicle development costs and timelines, positioning CATL for fresh growth opportunities. Despite existing collaborations with multiple automakers and mobility firms, the journey toward commercialization remains a gradual one. Concurrently, CATL is delving into innovative business models, such as battery swapping, to navigate the intensifying competition and the sluggish growth within the power battery market.
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