A CATL battery pack on display at the Beijing Auto Show in April 2026. Credit: CnEVPost Eleven battery makers, including CATL, BYD and CALB, have backed an initiative to speed up payments to suppliers. The move extends China's efforts to rein in excessive competition in the battery industry. China is pushing makers of power and energy storage batteries to pay their suppliers faster, part of the government's efforts to curb excessive competition in the industry.