CATL

CATL working with Tesla on fast-charging battery cells

CATL is working with Tesla on battery technologies, particularly new electrochemical structures for faster charging, the Chinese battery maker's chairman said.

CATL's net profit up 24.5% in Q4 over Q3, overseas operations contribute more to 2023 revenue

CATL has 32.67 percent of its revenue coming from overseas in 2023, up from 23.41 percent in 2022, as it begins deliveries to foreign customers.

China's EV battery installations in Feb: CATL share 55.16%, BYD 17.75%

CATL's share of China's EV battery market increased by 5.75 percentage points in February, while BYD's share decreased by 0.82 percentage points.

CATL shares surge after Morgan Stanley upgrade

Morgan Stanley said it sees multiple inflection points in CATL's fundamentals and upgraded the company to Overweight from Equal Weight.

Global EV battery market share in Jan 2024: CATL 39.7%, BYD 14.4%

CATL's battery installations in January were 20.5 GWh, up 88.1 percent year-on-year, while BYD's were 7.4 GWh, up 34.4 percent year-on-year.

CATL's M3P battery expected to be installed in Tesla models, report says

CATL is still in the process of developing and validating the M3P battery with Tesla, and the exact timing of the installation is not yet clear, according to local media.

CATL expects profit growth of up to 48% in 2023

The earnings preview implies CATL returned to net profit growth in the fourth quarter, after seeing a sequential decline in the third quarter.

CATL, Didi form JV for battery swap business

The JV will cater to the ride-hailing market and provide battery swap services for NEVs, CATL said.

Battery price war: CATL, BYD pushing battery costs down further

The price war for power batteries is intensifying, with the world's two largest battery makers reportedly pushing battery costs down further.

China EV battery installations in Dec: CATL share at 44.48%, BYD at 22.95%

CATL and BYD both saw their share of the Chinese power battery market increase slightly in December.
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