Articles Tagged with "CATL"

CATL to raise 19.7 billion yuan for battery capacity expansion projects
CATL to raise 19.7 billion yuan for battery capacity expansion projects

CATL, the global leading EV battery manufacturer, lowered the maximum amount of the capital it intends to raise from a non-public issuance of stocks to 19.7 billion yuan ($275,285,830) from 20 billion yuan ($27,947,800).

May 28 , 2020
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 to pump up to RMB10 billion in a new Ningde-based lithium ion battery base
CATL to pump up to RMB10 billion in a new Ningde-based lithium ion battery base

CATL intends to set up a lithium ion battery production base at Cheliwan Pond in Ningde with RMB10 billion to be invested at most, the power battery giant announced on Feb. 26.

Feb. 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