Search Results for "CATL"

CATL announces 29.14% year-on-year decline in Q1 net profit
CATL announces 29.14% year-on-year decline in Q1 net profit

CATL, the global leading EV battery manufacture, reported a 29.14% year-on-year decline in net profit for the first quarter of 2020 (Q1) as the COVID-19 pandemic hit the new energy vehicle (NEV) market.

Apr. 28 , 2020
CATL’s Q1 net profit projected to fall 20% to 30% due to COVID-19 outbreak
CATL’s Q1 net profit projected to fall 20% to 30% due to COVID-19 outbreak

CATL forcasts a year-on-year decrease of 20% to 30% in Q1 net profit.

Apr. 10 , 2020
CATL, State Grid's subsidiary set up energy storage joint venture
CATL, State Grid's subsidiary set up energy storage joint venture

CATL and State Grid Integrated Energy Service Group Co.,Ltd., a wholly-owned subsidiary of State Grid, founded a joint venture, which focuses on the investment in energy storage programs and their construction and operation.

Mar. 27 , 2020
CATL to supply Tesla with batteries from July 2020
CATL to supply Tesla with batteries from July 2020

China’s top electric vehicle battery maker CATL confirmed on Feb. 3 its partnership with EV manufacturer Tesla, which previously revealed the former has joined the lineup of its battery suppliers.

Feb. 3 , 2020
CATL’s full-year net profit in 2019 anticipated to surge 20%-45%
CATL’s full-year net profit in 2019 anticipated to surge 20%-45%

CATL’s annual net profit attributable to shareholders of the listed company is forecasted to stand between RMB4.064 billion and RMB4.911 billion, surging 20% to 45% compared to 2018, the Ningde-based battery giant announced on Jan. 21.

Jan. 22 , 2020
CATL starts construction of RMB10 billion power battery base in Yibin
CATL starts construction of RMB10 billion power battery base in Yibin

China-based battery maker CATL kicked off on December 24 the construction of its power battery manufacturing base in Yibin, Sichuan province, which features an expected annual capacity of 30GWh, according to a local media report.

Dec. 27 , 2019