WS #16365
Holding: newest synthesis is 21d 5h old
The Chinese EV supply chain is facing renewed headwinds. Daiwa has downgraded CATL to 'Hold' citing low profitability and weak cost pass-through capacity. Additionally, the US military has banned BYD vehicles at Kadena Air Base in Japan over security concerns, signaling potential regulatory friction for Chinese EV makers in allied territories.
China EV and Battery Weakness
The Chinese EV supply chain is facing renewed headwinds. Daiwa has downgraded CATL to 'Hold' citing low profitability and weak cost pass-through capacity. Additionally, the US military has banned BYD vehicles at Kadena Air Base in Japan over security concerns, signaling potential regulatory friction for Chinese EV makers in allied territories.