Another thing I will note is them specifically comparing this to an LFP battery.
CATL been very late to the LFP party, especially for the high-end automotive LFP cells.
Companies which made a bet on LFP early are now coming with 200+wh/kg cells, which is already bigger than commodity automotive NCA, something which Foxconn (CATL) makes most money on.
This is a kick below the waistline move to at least throw doubts about business expansion for LFP makers. Currently, 200wh/kg LFP cells are just only now hitting the market, and these LFP cell manufacturers are still making the lion share of their revenue, and profit on storage class, and low-end cells.
If LFP manufacturers believe the new chemistry can wipe out their current cash cow, they will think twice about putting money to expansion in automotive cells.