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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 share prices down on Wednesday. CATL (SHE: 300750) stock dipped after its 2024 Annual Performance Forecast was released. Here’s a preview of CATL’s financials for last year.
China Battery Giant CATL's Hong Kong Listing Plan Gathers Steam
Chinese electric vehicle battery giant CATL is pushing ahead with plans to list in Hong Kong, with banks reportedly vying for a deal expected to raise at least $5 billion.
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 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
5d
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 ...
5d
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 ...
Interesting Engineering
10d
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 ...
autoevolution
5d
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 ...
4d
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 ...
Just Auto
13d
SAIC, CATL strengthen EV battery strategic collaboration
The state-owned automaker has agreed to make
CATL
, the world’s largest
EV
battery
manufacturer, its preferred
battery
supplier and will prioritise the use of
CATL
’s Qilin and Shenxing ...
4d
on MSN
There's a new buzzword in China's EV industry
"We actually no longer call it EV. We call it EIV. 'I' stands for intelligent," Pan Jian, a cochair of CATL, told a WEF panel ...
TopSpeed on MSN
4d
Abundance Of Software Engineers Gives China’s EV Industry Competitive Advantage
Electrive reports that some 31.4 million new vehicles were sold in China last year, with new energy offerings accounting for ...
Money Talks News on MSN
3d
Lightning-Fast Charge: GM and CATL's EV Battery Revolution
General Motors partners with Chinese battery giant CATL to create the fastest-charging EV battery yet. The new technology ...
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