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Battery Battery News CALB China Earnings Earnings Preview Electric eMobility eV

Chinese battery maker CALB previews doubling net income in 2024

CALB expects its net income to rise about 80 percent to 100 percent in 2024 from 2023 on the back of growth in business scale and lower costs.

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Battery News CATL China Earnings Earnings Preview Electric eMobility eV

CATL previews net income growth of up to 20% to RMB 53 billion in 2024

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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China Earnings Earnings Preview Electric eMobility eV Great Wall Motor Industry News

Great Wall Motor previews net income growth of about 80% in 2024

Great Wall Motor's net income in 2024 is expected to range from RMB 12.4 billion ($1.7 billion) to RMB 13.0 billion, an increase of 76.60 percent to 85.14 percent from 2023.

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China Earnings Earnings Preview Electric eMobility eV Leapmotor

Leapmotor sees net income turn positive in Q4 on strong deliveries and cost control

Leapmotor attributes this to continued volume growth, product mix optimization, cost control and operational efficiency.

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China Earnings Earnings Preview Electric eMobility eV Nio

Nio Q2 2024 earnings: Here’s what Wall Street is expecting

Wall Street expects Nio's revenue to be RMB 17.385 billion in the second quarter, exceeding the upper end of the EV maker's guidance range as deliveries unexpectedly beat guidance.

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China Earnings Earnings Preview Electric eMobility eV Nio Research Note

Nio earnings preview: Here’s what to watch for Q4 2023 report

Focus will mostly be on the gross margin, and Nio management's guidance for first-quarter deliveries are expected to be weak.

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China Earnings Preview Electric eMobility eV Nio NIO ALPS

Nio needs to sort out its strategic direction to turn profitable in foreseeable future, analysts say

Nio still needs to get its strategic direction sorted out before it can expect to turn profitable in the foreseeable future, particularly for its second brand, Alps, analysts at CMB International said.

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Chengxin Lithium China Earnings Earnings Preview Electric eMobility eV Ganfeng Lithium Lithium Prices Raw Materials Tianqi Lithium

Chinese lithium producers expect net profit to plunge in 2023 on falling lithium prices

Lithium producers including Ganfeng and Tianqi expect their net profits in 2023 to be much lower than in 2022, with the common reason being a sharp drop in lithium prices.

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CATL China Earnings Earnings Preview Electric eMobility eV

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.

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BYD China Earnings Earnings Preview Electric eMobility eV Research Note

Analysts explain why BYD’s average profit per car fell in Q4

BYD's average profit per vehicle fell by about RMB 1,400 in the fourth quarter from the third quarter, mainly due to promotions through discounts and incentives offered to dealers, a team of analysts said.

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