New sourcing strategies reshape supply chains across the auto sector People gather before the start of CATL's Tech Day event in Beijing in April.
New sourcing strategies reshape supply chains across the auto sector People gather before the start of CATL's Tech Day event in Beijing in April. The battery maker's shares sank after profit figures for the latest quarter, released on Oct. 20, disappointed investors. © Reuters HONG KONG -- Hong Kong-listed shares of CATL plunged 10% during midday trade Wednesday, after disappointing third-quarter earnings heightened investors' concerns about its prospects.