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31 Jan
13:44

XPeng responds to supplier switch rumours

XPeng has denied that it will change suppliers, especially CATL, for its lithium power batteries, Kallanish notes. Last week, according to major news channels, XPeng appeared to confirm that, due to the sharp price increases of CATL’s lithium-ion power batteries, it will gradually replace them with batteries from Calb-tech. According to those reports, upon being researched by (investment) institutions, XPeng says, "The iron lithium batteries from Eve…
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