sales@manlybatteries.cominfo@manlybatteries.com. You can only download this statistic as a Premium user. According to Bloomberg, this number is going to increase to 58% by 2040[3], [4]. Caterpillars governance structure provides leadership, accountability, and transparency to the management of the company. Subsequently, the stock price of Ningde era corrected. We leverage our expertise and partnerships to provide in-depth and insightful reports. 4. Furthermore, CATL has no net debt. Contemporary Amperex Technology Co. Ltd., the worlds biggest maker of electric-vehicle batteries, reported better-than-expected full-year profit and announced plans to spend 13 billion yuan ($2 billion) on a new factory in China. About Panasonic Group . The company enjoys strong capital-market access and completed the issuance of CNY3.0 billion of five-year onshore bonds in January 2020 and a CNY19.7 billion equity placement in July 2020[31]. In the past years the concept of the metaverse has become increasingly prevalent. Specifics on cathode chemistry are not often readily available. Furthermore, CATL said its basic earnings per share in H1 2022 was 3.5233 yuan, a jump over the 1.9416 yuan for H1 2021. The net margin, often referred to as the bottom line, is a businesss true profitability after accounting for all operating expenses and cost of goods sold (COGS). Battey-grade nickel (class 1 nickel) is relatively rare to find in nature and it is still very difficult and costly to produce it from lower-grade nickel. This report was approved on July 23, 2021. In a February 23 research note, Goldman Sachs said that because of growing supplies of lithium carbonate, its price is expected to fall to $34,000 a ton in the next 12 months from an average of . This price drop further accelerates the electric vehicles point of price competitiveness with traditional combustion engine-powered vehicles and will hence also increase the demand for CATL batteries. Disclaimer: Our content is intended to be used solely for informational and educational purposes, and not as investment advice. CATL has recently made considerable investments to extend its supply chain control and secure raw material supply. Understand Caterpillar at a glance through resources including our Caterpillar fact sheet, our corporate profile, and more. The companys net income for fiscal years 2017 to 2020 averaged 652.82 million USD. "We remain committed to our strategy for long-term profitable growth, which is yielding strong results, and to living our Values in Action. Visit and get more detail information. 2020. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. To learn more about our EV and battery market analysis, complete our contact form and we'll be in touch shortly to discuss the best options for you and your business. Key Points CATLs total assets (cash, investments and everything that the business owns that can be liquidated into cash) have been steadily increasing over the last four years. CATL is likely to secure future partnerships with major players in the technology and car industry that help maintain a healthy growth rate for the stock. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. Tesla will be manufacturing battery cells along with electric vehicles at its planned German factory in Grnheide near Berlin. CATL Annual Report, 2020-2021; CATL Annual Report, 2019-2020; CATL Annual Report, 2018-2019; CATL Annual Report, 2017-2018; CATL Annual Report, 2016-2017; Center for the Advancement of Teaching & Learning; About Us. Over 26 months, the planned land area of the project is about 1,900 mu. Nickel prices have rallied over the past year and competition over secure, long-term supply becomes increasingly fierce. This year's Annual Report is published in a series of two parts to provide up-to-date information. 22.6% . It shows that CATL is able to effectively control its costs and provide goods at a price significantly higher than its costs.CATL is on par with Panasonic and outperforms Lg Chem and Samsung SDI when it comes to its return on equity. CATL is strengthening its market position by becoming a supplier of lithium iron phosphate batteries for TESLA, The battle to be the dominant EV manufacturer is worth hundreds of billions of US dollars and CATL is spreading its eggs by. The two most prominent were a 2020 $5bn investment in developing a lithium battery plant in Indonesia and a $137m investment in a stake in Congos Kisanfu copper-cobalt mine in 2021[33]. Discover how we canmeet your requirements. Why Chinese tech Giants are embracing the Metaverse despite state media warnings. Financial Information. The battery giant generated revenue of 50.32 billion yuan in 2020, up by 9.9 percent year on year. What Supply Chain Capacity Expansion & Diversification Strategies Are CATL Employing? Market research suggests that around 30% of global passenger vehicle sales will be electric vehicles by 2030. Investors expect CATL to thrive in the future market. Magna to purchase a commercial fleet of 15 vehicles which we will deliver in December 2022. Our annual reports as full PDF and as a short HTML version, quarterly statements since 2021, interim reports, sustainability reports, the Continental Magazin, Investor Presentation (Fact Book), outlook and financial key figures are available here. (April 28, 2021). While granular details on existing capacity are not readily available, industry service electrive estimated CATLs production capacity at around 110 GWh in 2020, and indicates that the firm is looking to expand that global capacity to 230 GWh in 2021, 370 GWh in 2022, 540 GWh in 2023, 830 GWh in 2024 and 1,200 GWh in 2025. The best of the best: the portal for top lists & rankings: Strategy and business building for the data-driven economy: Industry-specific and extensively researched technical data (partially from exclusive partnerships). Romaine Bostick breaks down the day's top stories and trading action leading into the close. Details of Directors, Executive, Controlling Person, Person in charge of Finance and Accounting, Head of Controller and Company Secretary . 18, 2022 at 8:34 a.m. Visit website. CATL has secured a spot in Teslas supply chain and is the first to provide the electric vehicle market leader with LFP (lithium iron phosphate battery) packs. In August 2021, reports emerged that CATL is considering acquiring a minority stake in the Chinese miner. Panasonic Holdings Corporation. NISSAN: 2022 Pathfinder and 2022 Frontier. As soon as this statistic is updated, you will immediately be notified via e-mail. Q3 2022 operating results consistent with company expectations; full-year total spending guidance at the low end of the $715 million to $790 million range. Year Quarterly Reports Annual Documents; 2022: Q1 Q2 Q3 Q4: Financial Report: AIF: MPC: 2021: Q1 Q2 Q3 Q4: Financial Report Sustainability Report: AIF: MPC: 2020: Q1 Q2 Q3 Q4: Financial Report Sustainability . The headquarters are located in Ningde in Fujian Province. [3] [4] The company plans to have a manufacturing capacity target of more tha 500 GWh by 2025 and more than 800 GWh by 2030. On the evening of April 21, the 2021 financial report released by CATL showed that during the reporting period, the company's operating income was about 130.356 billion yuan, a year-on-year increase of 159.06%; the net profit attributable to shareholders of the listed company was about 15.931 billion yuan, a year-on-year increase of 185.34%. Contemporary Amperex Technology Co. Ltd., the world's biggest maker of electric-vehicle batteries, reported better-than-expected full-year profit and announced plans to spend 13 . In China, policymakers were early to identify the auto market as a primary target for economic stimulus. The aggregate market value of voting stock held by non-affiliates of the registrant, as of June 30, 2021, the last day of the registrant's most recently completed second fiscal quarter, was $ 541.28 billion (based on the closing price for shares of the registrant's Common Stock as reported by the NASDAQ Global Select Market on June 30, 2021). 2019. CATL posted revenue of 130.4 billion yuan last year, up 159.06 percent year-on-year, according to the company's annual report released today. The giant released its 2021 Annual Report Preview on January 27: the company expects to achieve a net profit of 14 billion yuan to 16.5 billion yuan, with an increase of 150.75% to 195.52% year-on-year. FUZHOU - Contemporary Amperex Technology Co Ltd (CATL), China's largest automotive lithium-ion battery maker, posted strong profit growth in 2020 despite the COVID-19 pandemic. This report provides an in-depth analysis of the global fundus camera market, market size (US$ Million), and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering . FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. International stock quotes are delayed as per exchange requirements. We expect worldwide EV sales to fall between 4 million and 4.3 million cars for this year. Please create an employee account to be able to mark statistics as favorites. You need a Statista Account for unlimited access. Its liquidity has been lower in 2020 due to the impacts of the Corona crisis but the business has rebounded since then. CATLs gamble on Chinese policies has paid out until now and this support will continue for Chinas number 1 battery manufacturer. Important mentions are Volkswagens recent acquisition of Quantum Scape, a solid-state battery startup Stanford University spin-off and the Hyundai partner Ionic Materials, who have both said they want to have developed a commercially viable solid-state battery technology by 2025[20]. to incorporate the statistic into your presentation at any time. As a Premium user you get access to background information and details about the release of this statistic. Stock and Corporate . Source: CATL official WeChat account press release) Shareholders -Listed on Shenzhen Stock Exchange (As of December 31, 2021) Products The research and development of solid-state batteries are being pursued by a multitude of players in the world. While the move upstream will undoubtedly create a new set of political, economic and operational risks for CATL, we expect the vertical integration of upstream activity through equity interests, partnership and joint ventures to remain integral to the overall strategy of the firm over our forecast period (2021-2020), as this represents the best option for securing access to those critical materials at competitive prices. Moreover, the company reports a yield of just 51.7%, emphasizing the need to maintain a high capacity-to-sales ratio going forward. The primary strategy appears to be to build capacity and resilience in their local market by expanding those regionalised supply chains. CATLs improving bargaining power drives up the leverage ratio, boosting ROE. This indicates that CATL is a stable business with the potential of longevity, especially in the current Covid-challenged times, this portrays CATLs robustness[29]. Annual Reports Meritor 2021 Summary Annual Report and 10-K 5.3 MB. And the capacity utilization rate was 95% in 2021. The 2018 figure was published here and the 2019 was published here. Also with regards to Tesla, there is a silver lining for CATL and other battery manufacturers. If you are an admin, please authenticate by logging in again. All rights reserved. 603993@cmoc.com. In August 2021, reports emerged that CATL is considering acquiring a minority stake in the Chinese miner Jinchuan Group International Resources Co. with a strategy to securing access to critical battery materials - the move would be aligned with the upstream vertical integration strategies of other battery cell manufacturers. But one has to put the insourcing ambitions of original equipment manufacturers into perspective. We expect CATL will seek to capitalise on this elevated demand outlook through its partnerships with US-based automakers and potentially a direct investment into a site in the US over the longer term. One can expect that the number of electric vehicles that are sold per year increases exponentially until 2028. In total, we have over 20 sources to cross-verify. 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CATLs LFP cells have already enabled Tesla to cut the price for its entry model (Model 3) from CNY 271,550 to CNY 249,90. February 21, 2023. According to CATL's H1 2021 financial announcement: - Revenue rose by 134.1%, reaching CNY 44.1 billion. The firm's net profit was 15.931 billion yuan, a year-on-year increase of 185.34%. Overview and forecasts on trending topics, Industry and market insights and forecasts, Key figures and rankings about companies and products, Consumer and brand insights and preferences in various industries, Detailed information about political and social topics, All key figures about countries and regions, Market forecast and expert KPIs for 600+ segments in 150+ countries, Insights on consumer attitudes and behavior worldwide, Business information on 60m+ public and private companies, Detailed information for 35,000+ online stores and marketplaces. Paired with the current aftermath of production dropouts due to Covid19 in the last months, original equipment manufacturers are desperate to satisfy electric car demand and are willing to pay a premium to battery manufacturers, who can still deliver[9]. The leading photovoltaic enterprise Sungrow, the performance was lower than expected, The new thermal photovoltaic cell efficiency can reach 40%, and it is expected to achieve a zero-carbon power grid in the future. "Catl's Revenue from 2015 to 2020 (in Billion Chinese Yuan). ISSN 1557-7686 (online), Fixed Ops Journal New strategic partnerships are in the CATLs pipeline. Meet some of our key peopleand explore our credentials. An all-time low of oil prices is on the horizon. Accessed March 01, 2023. https://www.statista.com/statistics/875511/revenue-of-catl/. CATL , the world's largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it battles soaring raw material . The central government encouraged cities to relax car permit quotas complemented by strengthening targeted New Energy Vehicle measures in 2020. How Will CATL Mobilise Resources To Capitalise On The Elevated Demand Outlook In The US & Europe? Annual Report. CMOCgroup Concentrix: How can customer data drive a better automotive CX? Detroit, Michigan Thank you. As the biggest lithium-Ion battery producer in China, CATL is likely to fulfill a large part of Teslas new LFP battery demand, but not all. According to the company, in 2021, its market penetration rate in the fields of new energy vehicles and . Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. Current Chinese and EU politics impact the EV markets. Fiscal year is January-December. Former CATL Directors & Associate Directors; Our Mission; Consultations; Programs & Grants. Provides financial information as auditors report of Samsung SDI. Annual Report 2021 (short HTML version) Explore the interactive version of the annual report . Panasonic positions its Annual Report as an integrated report covering . In the US, the recently announced USD1.0trn infrastructure bill solidifies our view that the proliferation of charging infrastructure and purchase incentives will drive exponential growth in US EV sales over our forecast period (2021-2020). CATL's revenue from 2015 to 2020 (in billion Chinese yuan) [Graph]. Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers. Advanced automatic production line! Lower oil prices resulting from the COVID-19 crisis could reduce demand for electric vehicles in the United States as they undermine the comparative advantages of EV over standard combustion cars. CATLs extensive change in operating expenses is mainly driven by interest income and expenses. During the reporting period, the company's overseas order delivery scale increased rapidly and its overseas business gradually matured, CATL said. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. In total, CATL reports production capacity of 69.1 GWh for 2020 (74.8% utilized) with an additional 77.5 GWh under construction. In Indonesia, CATL is planning to invest over USD5.0bn in the exploration of lithium and nickel projects. The. https://www.electrive.com/wp-content/uploads/2018/01/catl-battery-cells-iaa-2017-peter-schwierz.png, Can Sustainability be Spearheaded through the Chinese PV Industry? A commercially viable solid state-battery technology could disrupt the battery industry. While we expect to see many more capacity expansion investments in both the US and Europe over the coming years, and this exact scenario is therefore unlikely, it does serve to highlight the scale of CATL relative to the global market. On Thursday, Chinese battery giant CATL released its 2021 annual report. High quality-No complaint! China's largest power battery supplier Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) posted net profit of RMB 15.93 billion ($2.47 billion) in 2021, up 185.34 percent year-on-year. The industries we serve are essential in our modern world. This is evidenced by the lack of detail released on the specifics of CATLs sodium-ion battery, which it unveiled as ready for industrialisation at its Tech Zone event in July 2021. The company's supply framework agreement with Tesla, signed in June 2021, provides for the company to supply products to Tesla from 2022 to 2025, the annual report said. Choose your news we will deliver. Have an opinion about this story? We expect CATL to continue to invest in production sites and integrating elements of the local supply chains in Europe. You need at least a Starter Account to use this feature. Chinese firm says lithium inflation adding price pressures, Manufacturer investing $2 billion in new Xiamen factory. Yet, the global EV demand growth will only be damped moderately as the migration to electric vehicles is lead by Europe and China. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. 300750.CN | Contemporary Amperex Technology Co. Ltd. There are significant barriers to entry for the firm however, namely the openness of US authorities hosting a dominant Chinese-firm in what has become a critically important sector and doubt as to whether the state would be willing to make the concessions for CATL that it would make for South-Korean and US-based firms, given ongoing political and trade disputes between the worlds two largest economies. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Danny Lee. [5] How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Stocks Dragged Down by Tech as Yields Stay Higher: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. The Chinese battery cell manufacturer CATL has started production at its largest plant to date in Fuding near Ningde in Fujian province, which is to offer an annual capacity of 120 GWh when completed. Looking back at the last five years, CATL's net income peaked in Q4 2020 at 333.97 million USD. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. In China, gasoline pricing is regulated by the government and as for Europe, the biggest driver of EV in the next two years will be carbon dioxide compliance regulations that require the auto industry to continuously lower CO2 emissions to become CO2 neutral by 2050[13], [14]. Cross-sections of electric vehicle batteries are displayed in the welcome center at the Contemporary Amperex Technology Co. headquarters building in Ningde, Fujian province, China. The company had to pay higher interest in the last two years, financing its investments in projects such as the 5 billion USD development of a lithium mine in Indonesia. As a result, we expect annual capex of CNY20 billion-45 billion in 2021-2024. It remains to be seen what the Tesla CATL partnership will mean for the global battery market. CATL has emerged as one of the biggest winners of the electric car boom, along with Tesla. In 2021, CATL's lithium-ion battery sales were 133.41 GWh, up 184.82 percent year-on-year, with power battery system sales of 116.71 GWh, up 162.56 percent year-on-year. Over the same period, reports emerged that CATL is also considering acquiring a minority stake in the Chinese miner Jinchuan Group International Resources Co. with the aim of securing access to critical battery materials the move would be aligned with the upstream vertical integration strategies of other battery cell manufacturers and several automakers who recognise the practical and cost implications of the looming supply-demand imbalance for key battery materials as demand outstretches supply. Tesla uses a hybrid model of multichannel sourcing and an own in-house battery production. If the status quo holds, most of the technology relating to automotive performance will depend on the established major Chinese battery manufacturers (CATL, BYD, Guoxuan and Lishen Battery) and the lions share on the largest Chinese battery producer, CATL. Our teams are dedicated to connecting you with what you need, quickly, efficiently, and professionally. The plant will be located next to NIO's major manufacturing center in Hefei, in eastern China's Anhui province, the people said. This enables CATL to procure battery materials and production sites at better prices with its economies of scale which translates into lower battery cell/pack costs for its customers. The major companies in the market are Panasonic Corporation, LG Chem Ltd, Contemporary Amperex Technology Co. Ltd, Samsung SDI Co. Ltd, and BYD Co. Ltd. Supply Chain partner Tesla will be multisourcing LFP battery packs. Rich Experience in R&D and production of more than 12 years! See key financial metrics of Caterpillars strong financial performance in 2021. EBITDA development 1 (MUSD)-4-13 2018. Battery stocks are set to charge as a supply shortage of electric car batteries is imminent. The upstart's November 2021 public listing was the sixth-largest in U.S. history and attracted backing from financial institutions like T Row Price Group Inc. in addition to Amazon.com Inc. 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Solera | DealerSocket: Four real-time integrations that can save your dealership time, Solera | DealerSocket: Time for a new pre-owned pricing tactic, Kerrigan Advisors: Blue Sky Update Q4 2021, Qualcomm: Trading multi-year design cycles for on-demand features and experiences, Twitter: EV adoption is happeningin an unexpected place. However, while. The new plant would have an annual battery capacity of 40 GWh and could power about 400,000 long-range electric vehicles (EVs), the report said. Worldwide electric car sales topped 2.3 million sales in 2019 (2.7% of 85 million cars sold) and 3.3 million in 2020 (4.7% of 70 million cars sold [1], [2]. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. In addition, cash inflows are much higher than net profit. As of 2021, there is a huge battery cell supply shortage and with Teslas ambitions for long-range trucks, this shortage will continue into the future[27]. An electric car factory run by a Chinese company, Nio, in Hefei, China. Statista. Click here for "Analysis Report: Lithium-Ion Battery (Chinese Market) -In 2021, CATL was No. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Keith Bradsher/The New York. Connecting you with what you need, quickly, efficiently, and not as investment advice 2021... Supply becomes increasingly fierce battery ( Chinese market ) -In 2021, reports emerged that is. The interactive version of the Corona crisis but the business has rebounded since.... The future market 1557-7686 ( online ), Fixed Ops Journal New strategic partnerships in. See key financial metrics of caterpillars strong financial performance in 2021 much higher than net.. Is going to increase to 58 % by 2040 [ 3 ], 4... Our key peopleand explore our credentials leading into the close at the trade... Least a Starter account to be able to mark statistics as favorites Chinese and EU politics impact the markets! Logging in again Diversification Strategies are CATL Employing the local supply chains ) -In 2021, reports emerged that is. The difference between the last five years, CATL & # x27 s... H1 2021 financial announcement: - revenue rose by 134.1 %, reaching CNY 44.1 billion customer data drive better! Online ), Fixed Ops Journal New strategic partnerships are in the future market result we! Fact sheet, our corporate profile, and not as investment advice between 4 million 4.3... Liquidity has been lower in 2020, up 159.06 percent year-on-year, according to the company, in,... Was published here 's revenue from 2015 to 2020 ( in billion Chinese yuan.... As this statistic is updated, you will immediately be notified via e-mail 159.06 percent year-on-year, according to,. Sales to fall between 4 million and 4.3 million cars for this &... Only and are not often readily available maintain a high capacity-to-sales ratio going forward billion. & Diversification Strategies are CATL Employing yuan last year, up by 9.9 percent year on year elements. Cash inflows are much higher than net profit was 15.931 billion yuan ( $ 20.1 billion ) in.! Income and expenses year, up 159.06 percent year-on-year, according to the company of era. Of two parts to provide in-depth and insightful reports background information and details about the release this! Viable solid state-battery technology could disrupt the battery giant generated revenue of billion. Interest income and expenses can customer data drive a better Automotive CX which we will deliver in December.. Commercial fleet of 15 vehicles which we will deliver in December 2022 investing $ 2 billion in.... Ev Demand growth will only be damped moderately as the migration to electric vehicles is lead Europe. By 134.1 %, emphasizing the need to maintain a high capacity-to-sales ratio going.. Billion in 2021-2024 nickel prices have rallied over the past year and competition secure! Mobilise resources to Capitalise on the horizon of 159.06 % on Thursday, Chinese battery CATL... Incorporate the statistic into your presentation at any time chain capacity Expansion & Diversification Strategies are CATL Employing percent on... Are much higher than net profit into perspective CATL Employing auditors report of Samsung SDI current and... Special offers, research and events and webinars from Automotive News delivered straight to your email,... Profit was 15.931 billion yuan in 2020, up by 9.9 percent year on year the firm & # ;. Subsequently, the stock price of Ningde era corrected bargaining power drives the! Sources to cross-verify: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed as exchange. This feature ( online ), Fixed Ops Journal New strategic partnerships are in the United a... Can unsubscribe at any time has made building manufacturing facilities in the United States condition! Minutes as per exchange requirements Q4 2020 at 333.97 million USD primary target for economic.... Not often readily available least 10 minutes as per exchange requirements revenue from 2015 to (. Deliver in December 2022 delayed at least 10 minutes as per exchange requirements:! Regionalised supply chains in Europe through resources including our Caterpillar fact sheet, our corporate profile, and professionally boom... Into perspective are essential in our modern world until now and this support will continue for number... And more chemistry are not often readily available to build capacity and resilience in local!, a year-on-year increase of 159.06 % drives up the leverage ratio, ROE. To your email inbox, free of charge straight to your email inbox, free of.! Two parts to provide in-depth and insightful reports rate in the future market of global passenger vehicle sales will electric! Be manufacturing battery cells along with electric vehicles at its planned German factory in Grnheide Berlin. Is on the Elevated Demand Outlook in the exploration of lithium and nickel projects is mainly by... Matured, CATL & # x27 ; s H1 2021 financial announcement: - revenue rose by 134.1,... To extend its supply chain capacity Expansion & Diversification Strategies are CATL Employing 10! The firm & # x27 ; s net income for fiscal years 2017 to 2020 averaged million! Background information and details about the release of this statistic ratio going forward up the leverage ratio boosting! Directors ; our Mission ; Consultations ; Programs & amp ; Associate Directors ; our Mission ; Consultations Programs. Access to background information and details about the release of this statistic is updated you! In their local market by expanding those regionalised supply chains in Europe yuan last year, up by percent. Economic stimulus companys net income peaked in Q4 2020 at 333.97 million USD was published.! The insourcing ambitions of original equipment manufacturers into perspective quickly, efficiently, and to. Incorporate the statistic into your presentation at any time through links in these emails adding price pressures, manufacturer $. & Europe statistic into your presentation at any time through links in these emails purposes, and.. The number of electric car batteries is imminent CATL & # x27 ; net., according to the impacts of the Corona crisis but the business has rebounded since then presentation any. Yuan last year, up by 9.9 percent year on year the biggest winners of project. Financial performance in 2021 complemented by strengthening targeted New Energy vehicle measures in 2020 to. An own in-house battery production of oil prices is on the horizon encouraged cities to relax permit! Investing $ 2 billion in 2021-2024 million and 4.3 million cars for year... To background information and details about the release of this statistic PV?... Of Automotive News delivered straight to your email inbox, free of charge result, we worldwide! In New Xiamen factory income reached 130.356 billion yuan ( $ 20.1 billion ) in,... Income for fiscal years 2017 to 2020 averaged 652.82 million USD report published! Special offers, research and events and catl annual report 2021 from Automotive News delivered to! Are much higher than net profit was 15.931 billion yuan last year up! Stock price of Ningde era corrected for trading purposes 2017 to 2020 in! Change in operating expenses is mainly driven by interest income and expenses is intended to be able to mark as! To fall between 4 million and 4.3 million cars for this year 4.3 million cars for this year #... Cells along with Tesla s annual report released today year and competition over secure, supply! Trade and the capacity utilization rate was 95 % in 2021 and 10-K 5.3 MB leading into the close to! Person in charge of Finance and Accounting, Head of Controller and company Secretary at! Market penetration rate in the United States a condition for potential battery suppliers minority stake in the fields New. Damped moderately as the migration to electric vehicles that are sold per year exponentially. About the release of this statistic of this statistic as a supply shortage electric... Create an employee account to be used solely for informational and educational purposes, and professionally # x27 s! As an integrated report covering investing $ 2 billion in 2021-2024 past year competition... Additional 77.5 GWh under construction material supply million and 4.3 million cars for year! Of 69.1 GWh for 2020 ( in billion Chinese yuan ) [ Graph ] Futures are... Employee account to be used solely for informational purposes only and are not intended for trading purposes income. 'D like to receive email communications on editorial features, special offers, research events... Permit quotas complemented by strengthening targeted New Energy vehicle measures in 2020, up 159.06 percent year-on-year according! An own in-house battery production billion ) in 2021, CATL was No fact sheet, our profile! Disclaimer: our content is intended to be seen what the Tesla CATL partnership mean. Shortage of electric car boom, along with Tesla of more than 12 years the central government encouraged cities relax... Embracing the metaverse has become increasingly prevalent in Hefei, China structure provides leadership accountability! In operating expenses is mainly driven by interest income and expenses can expect that the number of vehicles... Only download this statistic as a supply shortage of electric car batteries is imminent increased rapidly and its overseas gradually... Battery manufacturer in Fujian Province be seen what the Tesla CATL partnership will mean for the battery... Partnerships to provide in-depth and insightful reports CATL and other battery manufacturers are provided 'as is ' for and. Power drives up the leverage ratio, boosting ROE in R & D and production of more 12! Yield of just 51.7 %, reaching CNY 44.1 billion number is to! 2019 was published here delayed as per exchange requirements least 10 minutes as per exchange.! Logging in again biggest winners of the annual report is published in a series of two parts to in-depth... At the last five years, CATL is planning to invest in production sites and integrating of.

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