Articles Tagged with "CATL"

CATL forecasts YoY jump of 133% in Q3 net profit excluding non-recurring items
CATL forecasts YoY jump of 133% in Q3 net profit excluding non-recurring items

CATL announced its profit forecast saying that excluding the non-recurring items, the company will see its net profits in the third quarter reach around RMB1.26 billion to RMB1.33 billion with year-on-year surge of 119.88% to 133.48%.

Oct. 15 , 2018
SAIC-GM, CATL sign strategic cooperation agreement to research, develop NEV batteries
SAIC-GM, CATL sign strategic cooperation agreement to research, develop NEV batteries

SAIC-GM and China’s EV battery giant CATL signed a strategic cooperation agreement in Shanghai, saying that both parties will join forces to seek in-depth exploration in battery technology field.

Sep. 4 , 2018
CATL H1 revenue soars 48.69% year on year to RMB 9.36 billion
CATL H1 revenue soars 48.69% year on year to RMB 9.36 billion

China battery giant CATL announced on Aug. 23 that its revenue in the first half of 2018 soared 48.69% over the previous year to RMB 9.3595807 billion.

Aug. 27 , 2018
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance
CATL gains RMB 2.8525 billion prepayment for battery products from BMW Brilliance

On July 17, CATL announced that considering the long-term strategic partnership between CATL and BMW Brilliance, CATL signed a strategic cooperation agreement with BMW Brilliance and will further deepen cooperation with the joint venture.

Jul. 17 , 2018
CATL, Dongfeng’s battery JV starts production
CATL, Dongfeng’s battery JV starts production

Dongfeng Motor and CATL’s JV dubbed Dongfeng Amperex (Wuhan) Battery System Co., Ltd. finished construction and started production on July 4, marking a significant progress for the cooperation between Dongfeng Motor and CATL.

Jul. 6 , 2018
CATL achieves market valuation of RMB 153.2 bn after 8-day shares limit-up
CATL achieves market valuation of RMB 153.2 bn after 8-day shares limit-up

On June 21,CATL experienced its shares limit-up for eight consecutive days after it made trading debut on Shenzhen’s stock exchange on June 11, valuing the company at RMB 153.2 billion.

Jun. 21 , 2018