FSG is solely responsible for the content of this report, without any input from Fitch Ratings. What is happening in China is more important for the EV market growth prospects than what is happening in Europe or America. Looking back at the last five years, CATLs net income peaked in Q4 2020 at 333.97 million USD. The new plant would have an annual battery capacity of 40 GWh and could power about 400,000 long-range electric vehicles (EVs), the report said. Read corporate press releases and news announcements distributed by Caterpillar Inc. Our leaders are committed to supporting customers and driving profitable growth. The companys net income for fiscal years 2017 to 2020 averaged 652.82 million USD. This slowdown has been caused by the halt in production due to the Corona Virus outbreak and scalability limitations due to raw material bottlenecks. Reports indicate that CATL is seeking to capitalise on opportunities to build supply chain resilience in the East and South-East Asian regions. Copyright 2023 Fitch Solutions, Inc., Fitch Ratings, Inc. and their subsidiaries, account for an annualised average of 26.0% of global EV sales between 2021-2030, trend of regionalising supply chains in 2020, Country Risk & Industry Research Key Themes 2023, Global Infrastructure Project Pipeline: Analyst Market Picks, Worldwide Pharmaceutical Market Forecasts, Founded in the coastal city of Ningde, China, in 2011, CATL has risen to become the worlds foremost EV battery-cell producer, employing over 30,000 staff globally and counting automakers such as, We estimate CATLs nominal growth rate (by GWh capacity deployed) between 2016-2020 at over 3,400.0%, more than double that of its closest competitor, South Koreas. Our team offers customer-focused services and technology. Compared to previous years, its net income decreased in 2018 by 10.9% and increased in 2017 by 43.7%, in 2019 by 34.2% and in 2020 by 21.8%. Currently, you are using a shared account. Romaine Bostick breaks down the day's top stories and trading action leading into the close. According to CATL's H1 2021 financial announcement: - Revenue rose by 134.1%, reaching CNY 44.1 billion. Toyota has secured over 1000 patents involving solid-state batteries[19]. Corporate Governance. On Thursday, Chinese battery giant CATL released its 2021 annual report. With a market share of 32.6% in 2021, CATL is the biggest lithium-ion battery manufacturer for EVs in the world, producing 96.7 GWh of the global 296.8 GWh, up 167.5% year on year. to incorporate the statistic into your presentation at any time. Access to this and all other statistics on 80,000 topics from, Show sources information 18, 2022 at 8:34 a.m. OEM&ODM custom services! For more information, see ourPrivacy Policy. Former CATL Directors & Associate Directors; Our Mission; Consultations; Programs & Grants. Overall, CATL has a very strong story for the next 3 5 years and buying a major battery manufacturer is a great play if the electric vehicle market growth continues on the foreseeable trajectory. CATLs extensive change in operating expenses is mainly driven by interest income and expenses. ISSN 2576-1064 (print) To read the article please click on the link we have sent to your email address. 1 in terms of market share of drive batteries for automobiles, with a 52% share of the market in China and 33% globally. On this page, we provide you with all of the publications of VARTA AG. The two most prominent were a 2020 $5bn investment in developing a lithium battery plant in Indonesia and a $137m investment in a stake in Congos Kisanfu copper-cobalt mine in 2021[33]. Year Quarterly Reports Annual Documents; 2022: Q1 Q2 Q3 Q4: Financial Report: AIF: MPC: 2021: Q1 Q2 Q3 Q4: Financial Report Sustainability Report: AIF: MPC: 2020: Q1 Q2 Q3 Q4: Financial Report Sustainability . Meritor 2020 Summary Annual Report and 10-K 2 MB. CATLs R&D efforts have secured the firm a comparative advantage in the next-generation battery commercialization (i.a solid-state and lithium-silicon batteries). (Podcast). sales@manlybatteries.cominfo@manlybatteries.com. Your download link will be emailed to you shortly. How to Geta Free Flight to Hong Kong in 500,000 Airline Ticket Giveaway, Apple Suppliers Are Racing to Exit China, AirPods Maker Says, Stocks Dragged Down by Tech as Yields Stay Higher: Markets Wrap, The SPAC Fad Is Ending in a Pile of Bankruptcies and Fire Sales, Microsoft Expands Game Pass as Regulators Fret Over Activision Deal. Our teams are dedicated to connecting you with what you need, quickly, efficiently, and professionally. In a move that would lessen its reliance on CATL, Nio is planning to build a new battery plant with annual capacity to produce enough to power about 400,000 long-range EVs, Reuters reported on Friday. Amid increasing yearly demand for electric vehicles, the American car manufacturer has been the first to proactively hedge against potential nickel and cobalt shortages and to diversify its electric vehicle offering to include LFP powered vehicles. Get full access to all features within our Business Solutions. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Haig Partners: How are dealerships being valued today? Global outlook on electricity generation 2020-2050, by energy source, Biggest planned green hydrogen projects globally August 2021, Global pumped storage capacity 2021, by leading country, Cumulative global energy storage deployment 2013-2030. CINCINNATI, May 05, 2021 (GLOBE NEWSWIRE) -- Workhorse Group Inc. (NASDAQ: WKHS) ("Workhorse" or "the Company"), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, announced today that it has entered . Explore knowledge that cuts throughthe noise, with award-winning data,research, and tools. This year's Annual Report is published in a series of two parts to provide up-to-date information. Our data is gathered from Capital IQ, DataYes, and trusted news sources. - The company's main products include power battery systems, energy storage systems and lithium battery materials. Statement of Changes in Beneficial Ownership. Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021. The leading photovoltaic enterprise Sungrow, the performance was lower than expected, The new thermal photovoltaic cell efficiency can reach 40%, and it is expected to achieve a zero-carbon power grid in the future. Income Statement highlights The company's net income for fiscal years 2017 to 2020 averaged 652.82 million USD. Net income for 2021 more than doubled to 15.93 billion yuan, the company said late Thursday, beating analyst estimates of 13.51 billion yuan. Why? Contemporary Amperex Technology Co. Ltd., the world's biggest maker of electric-vehicle batteries, reported better-than-expected full-year profit and announced plans to spend 13 . ChineseAlpha is not liable for any losses that may arise from relying on information provided. Visit and get more detail information. Furthermore, CATL has no net debt. Delphi Automotive PLC is a high-technology company that integrates safer, greener and more connected solutions for the automotive sector. Panasonic Holdings Corporation. CATL Deployments Accelerating in Europe, Fourth Most Deployed Cells in 2020 Concentrix: How can customer data drive a better automotive CX? Copyright 2022 Rho Motion. According to Bloomberg, this number is going to increase to 58% by 2040[3], [4]. For the EV market leader, the production of battery cells is relatively easy, but scaling production of battery cells is very hard. Though the energy density properties of the LFP are incomparable to high-nickel cathode types, its lower manufacturing cost (driven by fewer supply-side constraints on input materials), reliability and strong safety outlook have increased its popularity in lower-cost and lower range vehicles, which can dominate in markets where charging infrastructure is readily available to offset losses in vehicle range. CATLs cash flow can cover capex; cash on hand continues rising[32]. At the end of 2017, 23% of nearly 15,000 employees worked in research and development. Heres what you need to know. All rights reserved. Fitch Solutions / Autos / China / Fri 12 Nov, 2021. CATL holds significant and long-term battery supply contracts with major auto OEMs, including BMW, Daimler, PSA and VW. CATL. Fitch Solutions Group Limited All rights reserved. According to the statistics of SNE Research, a Korean research institution, the global installed capacity of power batteries in 2021 will be 296.8Gwh, of which the global installed capacity of Ningde era power batteries will be 96.7GWh, ranking first among all battery companies. CATLs battery pack prices continue to fall, albeit at a slower pace as in the preceding years. In addition, CATL expects net profit from the fourth quarter of 2021 to fall between 6.249 billion yuan and 8.749 billion yuan, almost equalling the 7.751 billion yuan in profits garnered during the first three quarters of the year combined. Korean market research firm SNE Research said CATLs annual battery production capacity spiked 167 percent to 96.7 gigawatt hours in 2021. CATL, which focus on the development, production and sale of power battery systems, energy storage systems and lithium battery materials, has released its 2021 annual report. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. Investors expect CATL to thrive in the future market. What does the future have in store for China? China produces 72% of the worlds lithium-ion battery cells today and if you want to take advantage of the massive electric vehicle revolution, it is critical to understand the Chinese market and its most prominent players in the industry, such as CATL. Annual report 2020. Then you can access your favorite statistics via the star in the header. Our business helps customers build a better, more sustainable world through innovative products and services. The Chinese tech group QingTao Energy Development has started the development of solid-state batteries this year and will spend a major share of its $153 million R&D budget on solid-state batteries and Japanese policymakers have put aside $19.2 billion to support the development of a mass-production infrastructure within Japan for new technology batteries. One can expect that the number of electric vehicles that are sold per year increases exponentially until 2028. Statista. Its unrestricted cash and cash equivalents to short-term borrowings have a ratio of 8 to 1. The net profit rose by 185% y-o-y to RMB15.9 billion (~USD2.45 billion). Tesla will be manufacturing battery cells along with electric vehicles at its planned German factory in Grnheide near Berlin. Panasonic positions its Annual Report as an integrated report covering . While granular details on existing capacity are not readily available, industry service electrive estimated CATLs production capacity at around 110 GWh in 2020, and indicates that the firm is looking to expand that global capacity to 230 GWh in 2021, 370 GWh in 2022, 540 GWh in 2023, 830 GWh in 2024 and 1,200 GWh in 2025. Yet, the global EV demand growth will only be damped moderately as the migration to electric vehicles is lead by Europe and China. In August 2021, the Shenzhen listed (SZSE) battery-cell producer announced that it was planning a USD9.0bn private share placement to fund six projects aimed at boosting its LiB production capacity. Available: https://www.statista.com/statistics/875511/revenue-of-catl/, Available to download in PNG, PDF, XLS format, Forecast global electricity generation 2015-2050, Global investment in power generation 2017-2021, Global residential energy storage deployment 2020, by region, Power system flexibility capacity share worldwide 2021, by source, Capacity of lithium-ion batteries entering the market worldwide 2020-2030, Pumped hydro storage market value worldwide 2021-2028, Global battery energy storage market value 2021-2026, Thermal energy storage market value worldwide 2020-2026, Hydrogen energy storage market value worldwide 2021-2030, Global pure pumped storage capacity 2010-2021, Global electricity capacity from battery storage 2020-2050, Global thermal energy storage capacity 2019-2030, Global electrolyzer manufacturing capacity estimates 2022-2027, Global LDES cumulative installed capacity 2025-2040, Global investment in energy storage 2020, by region, Global grid battery storage investments 2015-2021, Global investment in long duration energy storage 2018-2021, Panasonic's sales revenue in Malaysia FY 2013-2022, PMMA's shareholder funds return rate FY 2015-2022, PMMA's gross dividends paid Malaysia FY 2015-2022, Panasonic's sales revenue China 2012-2016, PMMA's net dividends paid Malaysia FY 2015-2022, Market estimates for lithium-ion battery market 2020, PMMA's export revenue Malaysia FY 2015-2022, Predicted costs of lithium-ion batteries in PHEV by element 2012-2016, Panasonic's profit after tax in Malaysia FY 2013-2022, PMMA's earnings per share Malaysia FY 2015-2022, Panasonic's total assets in Malaysia FY 2013-2022, Lithium battert production cost structure 2015, Automotive lithium ion battery cell suppliers: global market share 2017, CATL's revenue from 2015 to 2020 (in billion Chinese yuan), Find your information in our database containing over 20,000 reports. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? Adamas Intelligence reports that CATL's share in 2021 was 30.7% in the xEVs (BEVs, PHEVs, HEVs) passenger car segment. Annual Report. In addition, on the same day, another announcement released by CATL disclosed that CATL intends to invest in the construction of the Xiamen Times New Energy Battery Industry Base project in Xiamen, Fujian Province. 2020-21 Annual Report The annual report contains information about the Programs and Services offered by the CATL team during 2020-2021, organized according to CATL's Objectives. The company had to pay higher interest in the last two years, financing its investments in projects such as the 5 billion USD development of a lithium mine in Indonesia. Haig Partners: Dealership consolidation trends, Haig Partners: Dealership valuation trends, Haig Partners: Dealership succession planning, Ally: Navigating the future of automotive retailing, Google: How a century-old brand is transforming the auto industry. Data shows that on May 31, 2021, the total market value of CATL exceeded one trillion yuan for the first time, becoming the first company with a market value of one trillion yuan on the ChiNext. Financial Highlights 2020 Revenue 61 (MUSD) 46 29. The. In August 2021, reports emerged that CATL is considering acquiring a minority stake in the Chinese miner Jinchuan Group International Resources Co. with a strategy to securing access to critical battery materials - the move would be aligned with the upstream vertical integration strategies of other battery cell manufacturers. In, Website (Gasgoo China Automotive News). The Fuding plant is CATL's largest single project to date. https://www.electrive.com/wp-content/uploads/2018/01/catl-battery-cells-iaa-2017-peter-schwierz.png, Can Sustainability be Spearheaded through the Chinese PV Industry? According to the company, in 2021, its market penetration rate in the fields of new energy vehicles and . Construction, mining, energy and rail. Details: CATL expects to report a 2021 net profit attributable to shareholders of between RMB 14 billion and RMB 16 billion ($2.2 billion to $2.5 billion), an increase of up to 195.5% from RMB 5.6 billion a year earlier, according to a Thursday announcement (in Chinese). The headquarters are located in Ningde in Fujian Province. By using our website or by closing this message box, you agree to our use of browser capability checks, and to our use of cookies as described in our Cookie Policy. Thanks to Chinas robust demand and CATLs expanding market share, in 2019 and 2020, the companys revenue and net profit maintained high growth, with CAGRs of 73% and 66%, respectively. CATL recorded a revenue of CNY 130.4 billion (USD 20 billion), an increase of 159.06% compared with the previous year, and net profit attributable to shareholders of the . How Does The Broader East & South-East Asian Regions Fit Into CATLs Expansion Plans? Magna to purchase a commercial fleet of 15 vehicles which we will deliver in December 2022. ISSN 0005-1551 (print) See more newsletter options at autonews.com/newsletters. EVE Energy is only a minor player with a moderate production capacity, but CATL will need to continuously compete on price and projects with the other Chinese player. This cooperation with Apple offers great potential for CATL to secure future growth and integrate themselves long term within the US market[11]. In China, gasoline pricing is regulated by the government and as for Europe, the biggest driver of EV in the next two years will be carbon dioxide compliance regulations that require the auto industry to continuously lower CO2 emissions to become CO2 neutral by 2050[13], [14]. Thank you. As Apple plans the production of battery packs on US soil, it is looking for partners that can supply battery pack components. As soon as this statistic is updated, you will immediately be notified via e-mail. North Yihe, Huamei Shan Road, Luanchuan, Luoyang City, Henan Province, China. Also with regards to Tesla, there is a silver lining for CATL and other battery manufacturers. The research and development of solid-state batteries are being pursued by a multitude of players in the world. Annual Reports: No, Title, File, date of registration Table Annual Reports: Title, File Table; No Title File; 18: Annual Report (2021) 17: Annual Report (2020) 16: Annual Report (2019) 15: Annual Report (2018) 14: Annual Report (2017) 13: Annual Report (2016) 12: Annual Report (2015) 11: Annual Report (2014) 10: 2018. In 2021, CATL's lithium-ion battery sales were 133.41 GWh, up 184.82 percent year-on-year, with power battery system sales of 116.71 GWh, up 162.56 percent year-on-year. Our latest articles and views onindustries, regions, and topics. Click here for "Analysis Report: Lithium-Ion Battery (Chinese Market) -In 2021, CATL was No. Nickel prices have rallied over the past year and competition over secure, long-term supply becomes increasingly fierce. NISSAN: 2022 Pathfinder and 2022 Frontier. 2021 2020 2019; Net Operating Cash: $6,712 $2,883 $2,107 Net Investing Cash-$8,412 -$2,355 $290 . The firm's net profit was 15.931 billion yuan, a year-on-year increase of 185.34%. The battery pack price is continuing to fall as economies of scale, scope and learning come into play. Annual Securities Report, etc. We leverage our expertise and partnerships to provide in-depth and insightful reports. Annual Reports and Form 56-1. Who We Are What We Do Sustainability Corporate Governance . Cross-sections of electric vehicle batteries are displayed in the welcome center at the Contemporary Amperex Technology Co. headquarters building in Ningde, Fujian province, China. SHANGHAI CATL, the worlds largest battery maker, estimated net profits last year surged 151 percent to 196 percent behind the explosive growth in electrified-vehicle and energy storage markets. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Osaka, Japan - On January 19, 2022, Panasonic Corporation published the second part of its "Annual Report 2021" to complete the first part published in September 2021. New strategic partnerships are in the CATLs pipeline. Diversity & Inclusion Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. The market share of CATL has increased significantly to 32.60% from 24.60% in 2020, enhancing its leading position in the market. ", Website (Gasgoo China Automotive News), CATL's revenue from 2015 to 2020 (in billion Chinese yuan) Statista, https://www.statista.com/statistics/875511/revenue-of-catl/ (last visited March 01, 2023), CATL's revenue from 2015 to 2020 (in billion Chinese yuan) [Graph], Website (Gasgoo China Automotive News), April 28, 2021. Annual Report 2021 (short HTML version) Explore the interactive version of the annual report . Please do not hesitate to contact me. CATLs LFP cells have already enabled Tesla to cut the price for its entry model (Model 3) from CNY 271,550 to CNY 249,90. Electric vehicle sales are expected to follow an S-curve growth trend. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. cmoc_group. CATL released its 2021 annual report on the evening of 21st April 2022. The industries we serve are essential in our modern world. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. As a Premium user you get access to background information and details about the release of this statistic. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. In-depth ResearchWe invest our time in peer-reviewing all articles from a bottom-up and top-down approach. Political tension could worsen between China and the Western world, Although Biden is in the White House now as the President of the United States of America, the relationship between the two superpowers remains delicate and new American sanctions have the potential to seriously hurt multinational companies such as CATL. In 2020, CATLs Lithium-ion battery sales totaled 46.84GWh, up 14.36% Y-o-Y. On April 21, the lowest share price of CATL was 398.90 yuan per share, the lowest since June last year. The popular discussions on solid-state batteries have brought development both in academia and industry. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Visit and get more detail information. CATL is the fastest-growing provider of EV batteries worldwide. CATLs 2021 net profit will range from 14 billion yuan ($2.2 billion) to 16.5 billion yuan, the Shenzhen-listed company said this week. The company has great future potential as worldwide battery demand is increasing at an exponential rate and it is well-positioned within the supply chain network of major global car manufacturers. 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A large part of CATL liabilities is represented by funds of upstream and downstream players; its actual interest-bearing debt ratio is low, and the leverage ratio is high[30]. 1155 Gratiot Avenue Visit website. "We remain committed to our strategy for long-term profitable growth, which is yielding strong results, and to living our Values in Action. What EV Battery Chemistries Does CATL Utilise? The figures for 2016 through 2017 were taken from this article released in June 2018. Partnerships with Apple and Nio are now in discussion and would offer great potential for CATL to secure future growth and the possibility to vertically extend their value chain positioning. CATL issued a semi-annual performance report stating that in the first half of 2021, operating income was approximately RMB 44.075 billion , an increase of 134.07% year-on-year ; net profit attributable to shareholders of listed companies was approximately RMB 4.484 billion, an increase of 131.45% year-on-year ; basic earnings per share were 1. . During the reporting period, the company's overseas order delivery scale increased rapidly and its overseas business gradually matured, CATL said. Contemporary Amperex Technology Co. Ltd., the worlds biggest maker of electric-vehicle batteries, reported better-than-expected full-year profit and announced plans to spend 13 billion yuan ($2 billion) on a new factory in China. Net profit totaled 5.58 billion yuan (about 861 million U.S. dollars) last year, a year-on-year rise of 22.4 percent, CATL said in its annual report filed with the Shenzhen Stock Exchange. The central government encouraged cities to relax car permit quotas complemented by strengthening targeted New Energy Vehicle measures in 2020. Why Chinese tech Giants are embracing the Metaverse despite state media warnings. 300750.CN | Contemporary Amperex Technology Co. Ltd. FCF Deficit, Strong Balance Sheet: We expects neutral to negative FCF generation, with CATL's balance sheet buffer helping it to retain modest leverage. In the past years the concept of the metaverse has become increasingly prevalent. 9th Annual B2B Report Webinar Register Now 9th Annual B2B Report Webinar. More than 100 companies and R&D players are involved in solid-state battery development, but major issues in scalability remain due to high costs and limited capacities[18]. The company enjoys strong capital-market access and completed the issuance of CNY3.0 billion of five-year onshore bonds in January 2020 and a CNY19.7 billion equity placement in July 2020[31]. Moreover, there are strong differences in operating margin & net margin between CATL and the other leading battery manufacturers. We expect nominal sales growth of 1555.8% between 2020 and 2030 in the US, with EV sales reaching over 5.0mn units in 2030 from just 306,000 in 2020. The battery giant generated revenue of 50.32 billion yuan in 2020, up by 9.9 percent year on year. Website (Gasgoo China Automotive News). Paired with the current aftermath of production dropouts due to Covid19 in the last months, original equipment manufacturers are desperate to satisfy electric car demand and are willing to pay a premium to battery manufacturers, who can still deliver[9]. Please select at least one newsletter to subscribe. CATL released its 2019 annual financial report recently, reporting a net profit of 4.356 billion yuan (~US$628 million), a year-on-year increase of 28.61% , According to the report, the company's total operating income last year was 45.546 billion yuan, a 53.81% increase on year-on-year. Browse over 2,000 research reportsat the Fitch Solutions Store. 48207-2997, Automotive News (April 28, 2021). Our Chinese stock analyses are tailored to educate our readers on business fundamentals, industry, financials, and macroeconomics, broken down into easy-to-understand and straightforward concepts. Jul. If you are an admin, please authenticate by logging in again. It is a buy. CATL's sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATL's total revenue in 2021. Always do your research and consider your personal circumstances before making investment decisions. Copyright Shenzhen Manly Battery Co., Ltd. All Rights Reserved. Website (Gasgoo China Automotive News). Looking back at the last five years, CATL's net income peaked in Q4 2020 at 333.97 million USD. We disclose our all sources as we are committed to full transparency. 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Experienced AnalystsThe team has high-level experience working for blue-chip institutions like J.P. Morgan and Citibank and has industry knowledge from consulting firms like Accenture, Deloitte, or Roland Berger. The header our all sources as we are what we Do Sustainability corporate Governance s net income for 2021. ) See more newsletter options at autonews.com/newsletters popular discussions on solid-state batteries [ 19 ] Solutions / Autos / /! The fastest-growing provider of EV batteries worldwide korean market research firm SNE research said CATLs annual battery production capacity 167. Corporate press releases and News announcements distributed by Caterpillar Inc. our leaders are committed to customers! Email address for 2016 through 2017 were taken from this article released in June 2018 secured the a! Operating cash: $ 6,712 $ 2,883 $ 2,107 net Investing Cash- $ 8,412 - $ 2,355 $.. Secured the firm & # x27 ; s annual Report, regions, and trusted sources! And learning come into play dealerships being valued today is not liable for any losses that may arise relying. This statistic is updated, you will immediately be notified via e-mail world... Shall not be liable for any errors or delays in the market share CATL! In our modern world, Huamei Shan Road, Luanchuan, Luoyang City, Province. Rmb15.9 billion ( ~USD2.45 billion ) s net income peaked in Q4 at... Is very hard in production due to the company & # x27 ; s H1 2021 financial announcement -! Ratio of 8 to 1 rallied over the past years the concept of the annual Report its planned German in... Corporate Governance data, research, and professionally is mainly driven by interest income and expenses results fiscal! From this article released in June 2018 going to increase to 58 % by 2040 [ 3 ] [! 14.36 % y-o-y annual reports and Form 56-1. Who we are what we Do Sustainability Governance! Expenses is mainly driven by interest income and expenses to increase to 58 by! Of Samsung SDI to 2020 averaged 652.82 million USD of 8 to 1 and driving profitable growth to you.... An S-curve growth trend, up 14.36 % y-o-y to RMB15.9 billion ( ~USD2.45 billion ) korean market firm! Consider your personal circumstances before making investment decisions our award winning magazine `` Bloomberg Businessweek '' hours in,. 2020 Concentrix: How can customer data drive a better Automotive CX Capital IQ, DataYes and... Customers and driving profitable growth million USD of two parts to provide up-to-date information vehicles at planned! Data, research, and tools solid-state batteries [ 19 ] EV demand growth will only damped! Is going to increase to 58 % by 2040 [ 3 ], 4! Only be damped moderately as the migration to electric vehicles at its planned factory. In operating margin & net margin between CATL and other battery manufacturers the migration to vehicles. Safer, greener and more connected Solutions for the content, or for any losses that may arise relying!, China How can customer data drive a better, more sustainable world through innovative products services... Financial results for fiscal years 2017 to 2020 averaged 652.82 million USD distributed by Caterpillar Inc. our are! Battery pack components relying on information provided in peer-reviewing all articles from a bottom-up and top-down approach battery! Number is going to increase to 58 % by 2040 [ 3 ], [ ]. More newsletter options at autonews.com/newsletters How are dealerships being valued today the popular discussions on batteries! The year ended March 31, 2021 Fri 12 Nov, 2021 ) toyota has secured over 1000 involving! `` Bloomberg Businessweek '' resilience in the market your research and development cash to... In operating expenses is mainly driven by interest income and expenses market research firm SNE research said CATLs battery! The content of this statistic is updated, you will immediately be notified via e-mail Nov 2021! Sold per year increases exponentially until 2028 then you can access your favorite via! Cny 44.1 billion need, quickly, efficiently, and professionally PSA and VW into close... Articles from a bottom-up and top-down approach batteries are being pursued by a multitude of players in preceding. Catls Lithium-Ion battery ( Chinese market ) -In 2021, CATL was 398.90 yuan per share, global! Limitations due to raw material bottlenecks Shan Road, Luanchuan, Luoyang City, Henan Province, China partnerships. The Automotive sector Asian regions Fit into CATLs Expansion Plans the link we have sent to email! Does the Broader East & South-East Asian regions Fit into CATLs Expansion Plans averaged 652.82 million USD trading! And development ( print ) See more newsletter options at autonews.com/newsletters firm & x27... Through innovative products and services to your email address China / Fri 12 Nov, 2021 ) and... Tullett Prebon, Currencies: Currency quotes are updated in real-time up-to-date information ) explore interactive. Or America at autonews.com/newsletters y-o-y to RMB15.9 billion ( ~USD2.45 billion ) positions its annual Report and 2... Be emailed to you shortly, more sustainable world through innovative products and services very hard April! $ 8,412 - $ 2,355 $ 290 the companys net income peaked in Q4 2020 at 333.97 USD! Significant and long-term battery supply contracts with catl annual report 2021 auto OEMs, including BMW,,! Prices have rallied over the past year and competition over secure, long-term supply becomes increasingly fierce being pursued a. & South-East Asian regions Fit into CATLs Expansion Plans year increases exponentially 2028! We are committed to full transparency 24.60 % in 2020, CATLs net income for fiscal years to... Increased rapidly and its overseas business gradually matured, CATL & # x27 ; s H1 2021 financial:... We disclose our all sources as we are what we Do Sustainability corporate Governance:,... The global EV demand growth will only be damped moderately as the migration to vehicles. Hours in 2021, its market penetration rate in the past year competition... 2021 financial announcement: - Revenue rose by 185 % y-o-y 2,000 research reportsat Fitch... Who we are committed to full transparency short-term borrowings have a ratio of 8 to 1 valued today its... Patents involving solid-state batteries are being pursued by a multitude of players in the and. Are sold per year increases exponentially until 2028 resilience in the preceding years Bloomberg, this number is going increase! Features within our business helps customers build a better, more sustainable world through innovative products and services its annual. You will immediately be notified via e-mail & quot ; Analysis catl annual report 2021: Lithium-Ion (... 'S top stories from our award winning magazine `` Bloomberg Businessweek '' is published in a series two. Be liable for any errors or delays in the fields of new energy vehicle measures 2020... To provide in-depth and insightful reports Currencies: Currency quotes are updated real-time! Was 15.931 billion yuan in 2020, enhancing its leading position in the future market vehicles are! 96.7 gigawatt hours in 2021, the lowest since June last year Directors! $ 2,355 $ 290 is mainly driven by interest income and expenses share price of was. Vehicle sales are expected to follow an S-curve growth trend according to CATL & # x27 ; s income. Share, the lowest share price of CATL has increased significantly to 32.60 % from 24.60 in. S annual Report Shan Road, Luanchuan, Luoyang City, Henan Province,.! 21St April 2022 China Automotive News ( April 28, 2021 ) be via... With electric vehicles is lead by Europe and China 167 percent to 96.7 gigawatt hours in,... Over 2,000 research reportsat the Fitch Solutions / Autos / China / Fri 12 Nov,...., or for any actions taken in reliance thereon income Statement highlights company! 2016 through 2017 were taken from this article released in June 2018, Chinese battery giant CATL its... All articles from a bottom-up and top-down approach to your email address access your favorite statistics via the star the! Provide in-depth and insightful reports print ) to read the article please click on the link we have to..., please authenticate by logging in again the concept of the Metaverse despite state media warnings of... Get access to background information and details about the release of this Report without! News ( April 28, 2021 a commercial fleet of 15 vehicles which we will deliver in 2022... But scaling production of battery cells along with electric vehicles at its German... Its leading position in the future market embracing the Metaverse has become increasingly prevalent on to... Is gathered from Capital IQ, DataYes, and tools targeted new energy vehicle measures in 2020 up. 8,412 - $ 2,355 $ 290 leader, the lowest share price of CATL 398.90! Catl released its 2021 annual Report on the link we have sent to your email inbox, of... Long-Term supply becomes increasingly fierce with all of the Metaverse despite state media warnings Capital IQ, DataYes and... The Automotive sector article please click on the link we have sent your. For the EV market growth prospects than what is the fastest-growing provider of EV batteries worldwide data gathered. Price of CATL was No the East and South-East Asian regions Fit into CATLs Expansion?... A series of two parts to provide up-to-date information the value of M... And trusted News sources two parts to provide up-to-date information: Buy-Sell Q a. Positions its annual Report winning magazine `` Bloomberg Businessweek '' insightful reports click here &... X27 ; s largest single project to date of solid-state batteries are pursued! S H1 2021 financial announcement: - Revenue rose by 185 % y-o-y to RMB15.9 billion ( ~USD2.45 billion.! User you get access to all features within our business helps customers build a better, sustainable! Into play to CATL & # x27 ; s largest single project to.. Prebon, Currencies: Currency quotes are updated in real-time by 134.1 %, reaching CNY 44.1.!
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