CATL Shares Dive as Morgan Stanley Questions Lead in EV Batt…

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BEIJING, June 7 (TiPost)— Shenzhen-listed shares of Contemporary Amperex Technology Co. Ltd. (CATL), the No.1 electric vehicle (EV) batter maker in the globe, dived as much as 6.8% at midday before paring losses and settling 5.5% lower on Wednesday, the day that Morgan Stanley questioned the company’s market dominance with a downgrade and a significant price target cut.Source: Visual ChinaCATL shares clos