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CATL shares drop
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 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.
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 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.
TechNode
14h
CATL to announce new factory in Europe this year: executive
CATL is hoping to announce a plan to build a new joint factory with an original equipment manufacturer (OEM) in Europe this ...
Electrek
2d
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 ...
Interesting Engineering
8d
CATL’s bold leap into chassis manufacturing: A game-changer for the EV industry?
The skateboard chassis cuts new-vehicle development from 36–48 months to about 18, significantly lowering costs and speeding ...
3d
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 ...
15d
US adds Tencent, CATL to list of Chinese firms allegedly aiding Beijing's military
The U.S. Defense Department said on Monday it has added Chinese tech giant Tencent Holdings and battery maker CATL to a list ...
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.
The Associated Press - Business News on MSN
17d
Chinese tech companies Tencent, CATL and others protest US listings as army-linked companies
The U.S. Defense Department updates its list of “Chinese Military Companies,” or CMC list, annually. With the latest revision, it includes 134 companies. The National Defense Authorization Act of 2024 ...
autoevolution
3d
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
3d
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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