China’s leading battery manufacturer CATL is developing faster-charging batteries for Tesla as the automaker seeks to defend its market share and introduce an electric vehicle priced below $25,000. Zeng Yuqun, chairman of CATL said on Monday that there is always room to reduce costs, depending on what the goal of the $25,000 car is. He also added that if it is to be used as an autonomous taxi, there is no need to worry about reducing the cost of each battery pack, because CATL’s batteries ha...