Articles Tagged with "CATL"

CATL forecasts 140%-170% year on year growth in Q1 net profit
CATL forecasts 140%-170% year on year growth in Q1 net profit

On April 8, CATL released a review of its performance in the first quarter of 2019, with an expected net profit ranging from RMB992 million to RMB1.16 billion attributable to shareholders of the public company, surging 140% to 170% year on year.

Apr. 9 , 2019
CATL denies reaching agreement with Tesla
CATL denies reaching agreement with Tesla

CATL hasn’t reached intent of cooperation or signed any business agreement with Tesla, the company said in a statement on March 12.

Mar. 13 , 2019
CATL reports 7.71% YoY drop in 2018 net profits attributable to shareholders
CATL reports 7.71% YoY drop in 2018 net profits attributable to shareholders

In 2018, CATL gained RMB29.611 billion in gross revenues with a year-on-year leap of 48.08%, while its net profits attributable to shareholders of the listed company declined 7.71% from the previous year to RMB3.579 billion.

Feb. 28 , 2019
Geely, CATL form battery joint venture
Geely, CATL form battery joint venture

A subsidiary of Geely Auto, and CATL will set up a joint venture to develop, make and sell battery cell, battery module and battery pack to enhance their core competence and the abiity of sustainable development.

Dec. 20 , 2018
CATL-GAC Group joint venture to invest RMB4.226 billion in power battery program
CATL-GAC Group joint venture to invest RMB4.226 billion in power battery program

CATL, a China-based vehicle and energy storage battery maker, announced on December 14 that its board of directors has agreed CATL-GAC Power Battery Co.,Ltd (CATL-GAC) to invest around RMB4.226 billion in a power battery base program.

Dec. 17 , 2018
CATL tries to apply for credit line worth no more than RMB110 billion
CATL tries to apply for credit line worth no more than RMB110 billion

China's largest lithium battery maker Contemporary Amperex Technology Limited (CATL) plans to apply for a comprehensive credit line with the ceiling of RMB110 billion from banks, the company announced on November 28.

Nov. 29 , 2018