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 ...

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.

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 ...

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 ...