Lithium shares cratered on Friday. Then, the explanation was a thriller. Now, buyers know why: The world’s largest electric-vehicle battery maker,
Modern Amperex Expertise
, or CATL, modified its pricing technique.
The transfer by CATL (300750.China) is important, however buyers jumped to the incorrect conclusion. The larger dangers from the choice are to battery and EV makers comparable to Tesla (TSLA).
