Episode #107 - China Price War, February Sales, CATL - The Good and the Bad

Tu and Lei begin the discussion about the brutal price war that's currently going on in the China automotive sector including where the foreign automakers, SOEs (state owned enterprises) and startups all fit in and how they think it'll affect everyone long-term.

They both also discuss the annual Two Sessions meeting that the Chinese govt has each year and try to read between the lines with what's being said and what's actually meant. 

 The chat moves into a chat about February sales and Tu talks about how western OEMs don't put enough weight on how much the China market means to their success. 

Tu then moves onto a discussion about the importance of China Battery Inc to the foreign automakers, but not only in China but in their home markets because it's really the only game in town for reliable, competitively priced LFP battery cells.

The pod ends with Tu providing a history lesson on the battery cell sector in China and how it built itself out.