CATL's net income in the fourth quarter is expected to be a record RMB 17 billion, up 31.01 percent year-on-year and up 29.41 percent from the third quarter, CnEVPost calculations show.
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Category: CATL
CATL pushes into Europe through local automakers.
The post CATL to unveil new European EV battery plant in 2025 with local automaker, Vice Chairman says appeared first on CarNewsChina.com.
CATL currently has battery plants in Germany and Hungary, and last month announced plans for a new joint venture battery plant in Spain with Stellantis.
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China's 2024 power battery installed capacity was 548.4 GWh, up 41.5% from 2023.
The post CATL claimed 45.2% of power battery market in China, BYD claimed 25.1% in 2024 appeared first on CarNewsChina.com.
FAW Hongqi's E-QM5 based on CATL's battery swap solution will be put into service as an electric cab in the Hong Kong market.
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FAW Hongqi's E-QM5 based on CATL's battery swap solution will be put into service as an electric cab in the Hong Kong market.
For details, please visit CnEVPost.
For the full year of 2024, CATL ranked first with a 45.08 percent share, BYD was second with 24.74 percent, and CALB was third with 6.68 percent.
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The manufacturer of MG cars SAIC signed a strategic cooperation agreement with CATL in the battery swap field.
The post MG-maker SAIC will make EVs with CATL’s battery swap solution appeared first on CarNewsChina.com.
SAIC will develop and sell battery swap-enabled models, while CATL will lead the development and iteration of battery blocks.
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JAC Yiwei will prioritize the adoption of CATL's CIIC-S platform for its passenger car program, which involves battery swap-enabled models, BEVs and EREVs.
For details, please visit CnEVPost.