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China CATL's shares dip after it warns of revenue fall, slowing profit growth
Shares in CATL , the world's largest battery maker, dropped nearly 4% on Wednesday after the Chinese company warned that its annual revenue fell for the first time last year and that profit grew at its slowest pace since 2019.
CATL to report record profit in 2024 despite revenue decline amid lithium price slump
Meanwhile, CATL warned it might end the year with a revenue decline for the first time since it started releasing its financial figures in 2015.
CATL Faces First Revenue Decline, Shares Drop 4%
Shares of CATL, the worlds largest battery maker, fell nearly 4% on Wednesday after the company announced its first annual revenue decline since 2015. In a securities filing, CATL revealed an 8.7%11.2% revenue drop
CATL shares drop as company warns of first annual revenue fall
Shares in CATL, the world's leading battery manufacturer, fell by nearly 4% on Wednesday following the company's announcement of an expected decline in annual revenue for the first time since it began disclosing its operating figures in 2015.
Electrek
1d
CATL stock slips as EV battery giant hints at first annual revenue decline in 2024
The world’s largest EV battery maker warned that it expects to report less revenue in 2024 than the previous year, sending ...
2d
on MSN
China's huge talent pool gives it an edge in the global EV race, says CATL exec
China can tap a large software engineer talent pool from its consumer-focused companies, Pan Jian of battery maker CATL told ...
autoevolution
2d
CATL To Build a New LFP Battery Factory in Europe in Partnership With a Local Carmaker
CATL vice chairman Pan Jian announced in Davos that his company will build a new LFP battery factory this year in Europe in ...
Electrek
1d
Polestar hopes to steal Tesla sales, CATL revenue dips, and feeding the orcas
Polestar hopes to steal customers from Tesla and Elon, CATL revenue dips for the first time ever, and a whole new way to feed orcas.
6d
on MSN
Chinese battery giant CATL takes CALB to court over alleged patent violation
China's battery maker CALB Group said on Friday Contemporary Amperex Technology (CATL) had sued the Hong Kong-listed peer for ...
TechNode
3d
CATL strikes deal for world’s first 24/7 renewable project in UAE
Masdar, the United Arab Emirates' clean energy powerhouse, has selected CATL for a contract to supply its battery energy ...
EconoTimes
3d
CATL Shares Surge on $6 Billion Renewable Energy Partnership with Masdar
Shares of Contemporary Amperex Technology Co Ltd (CATL) (SZ:300750) surged 5.2% to 264.57 yuan on Monday following the ...
11d
Ford-CATL deal slammed: China battery giant on Pentagon blacklist
Auto-giant Ford is facing renewed scrutiny over its controversial partnership with Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology Co. (CATL), after the United States ...
8d
Tencent And CATL: DoD List Inclusion And What It Means For Investors
Financial writer discusses Tencent and CATL being added to the CMC List, versus OFAC List, and Tencent's revenue sources. Click to read.
Electrek
2d
The world’s largest EV battery maker predicts another big move in Europe in 2025
CATL held a commanding lead in the EV battery market last year, accounting for over a third of global usage. The world’s ...
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