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NIO, CATL and Honda Signal EV Industry Turning Point

China’s EV industry is entering a tougher, more mature phase. NIO is investing RMB 9.8 billion in battery infrastructure, CATL posted RMB 72.201 billion in net profit with a 39.2% global EV battery share, and Honda warned of its first annual net loss since listing as it rethinks EV strategy. At the same time, China’s 3.55 million-vehicle recall tally shows software bugs and battery safety are becoming the defining risks of the smart EV era.