Analysts said Contemporary Amperex Technology (CATL), the world’s largest producer of batteries for electric vehicles (EVs), would see strong growth in 2025 after the company reported record ...

Contemporary Amperex Technology, commonly known as CATL, is the largest producer of lithium-ion rechargeable batteries for electric vehicles in China and globally. According to SNE Research ...

BEIJING (Reuters) -CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China's electric vehicle market put pressure on the Chinese EV battery giant.

Sales fell 9.7% to 362 billion yuan, worse than analysts estimates for 372 billion yuan. CATL’s earnings strength will help in an uncertain 2025. International growth looks more two-paced ...

BEIJING (Reuters) -CATL reported 15% growth in 2024 net profit, the slowest pace in six years, as a prolonged price war in China's electric vehicle market put pressure on the Chinese EV battery giant.

Chinese sales of electric vehicles — a key market for CATL — shifted to a higher gear last year as a mix of subsidies and consumer purchase incentives supported sales. EV sales in China jumped ...

Follow us on Facebook and join our Telegram channel for the latest updates. Contemporary Amperex Technology (CATL) posted record annual earnings for 2024, the strong financials further evidence of its ...