catl annual report 2021catl annual report 2021

FSG is solely responsible for the content of this report, without any input from Fitch Ratings. Fitch Solutions / Autos / China / Fri 12 Nov, 2021. Over 26 months, the planned land area of the project is about 1,900 mu. CATL's sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATL's total revenue in 2021. Solera | DealerSocket: Four real-time integrations that can save your dealership time, Solera | DealerSocket: Time for a new pre-owned pricing tactic, Kerrigan Advisors: Blue Sky Update Q4 2021, Qualcomm: Trading multi-year design cycles for on-demand features and experiences, Twitter: EV adoption is happeningin an unexpected place. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. February 15, 2023. Its shares have risen some 18% this year as sales soar. The firm's net profit was 15.931 billion yuan, a year-on-year increase of 185.34%. Annual report 2020. Were committed to building a better, more sustainable world. Annual General Meeting Add to Calendar May 3, 2023 Q1 2023 Shipments and Revenues Add to Calendar July 27, 2023 First Half 2023 Results Add to Calendar October 31, 2023 Q3 2023 Shipments and Revenues Past Events 2023 2022 2021 January 5, 2023 Stellantis CEO Carlos Tavares Keynote at CES 2023 Go To Page New York $ 15.85 0.82 % Detroit, Michigan 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. It is understood that CATL has launched in-depth cooperation with Tesla, Hyundai, Ford, Mercedes-Benz, Great Wall, Ideal, Weilai and other car companies in terms of power batteries. 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 . In comparison, the European Unions existing policies and regulations are being maintained and countries like France and Germany announced increased support measures towards electric vehicles for 2020 and beyond[5]. CATL is reluctant to build a U.S. factory due to political tensions between Washington and Beijing as well as cost concerns but is tendered to cooperate with Apple when they decide to take over part of the battery production themselves. 4. OEM&ODM custom services! Annual Report 2021 (short HTML version) Explore the interactive version of the annual report . NISSAN: 2022 Pathfinder and 2022 Frontier. That sounds like all the Chinese tech Giants are going Key Points The figures for 2016 through 2017 were taken from this article released in June 2018. CATLs battery pack prices continue to fall, albeit at a slower pace as in the preceding years. On Thursday, Chinese battery giant CATL released its 2021 annual report. Explore knowledge that cuts throughthe noise, with award-winning data,research, and tools. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. 22.6% . This indicates that CATL has had steady growth over the last years and this growth has remained steady throughout Q1 2021. This cooperation with Apple offers great potential for CATL to secure future growth and integrate themselves long term within the US market[11]. 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. With a planned 70GWh capacity, the site will be the largest in Europe. CATLs extensive change in operating expenses is mainly driven by interest income and expenses. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. 86 379 68658030. CATL has a very high P/E ratio compared to its direct competitors. Profit from the additional features of your individual account. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Your download link will be emailed to you shortly. In total, we have over 20 sources to cross-verify. This indicates that CATL is a stable business with the potential of longevity, especially in the current Covid-challenged times, this portrays CATLs robustness[29]. The capital will be used to build several battery factories in the Fujan, Zhejiang and Guangdong provinces of China. Expert analysis of opportunities and risks across emerging and frontier markets. Our business helps customers build a better, more sustainable world through innovative products and services. China's largest power battery supplier Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) posted net profit of RMB 15.93 billion ($2.47 billion) in 2021, up 185.34 percent year-on-year. Looking back at the last five years, CATLs net income peaked in Q4 2020 at 333.97 million USD. China is the biggest market for electric vehicles worldwide and the high demand for electric vehicles in the local Chinese market combined with the international demand for CATL battery cells benefits the firms growth. Need info on your own credit report? Data may be intentionally delayed pursuant to supplier requirements. At the same time, CATL disclosed in its financial report that its annual battery capacity has increased from 69.10GWh in 2020 to 170.39Gwh in 2021, an increase of about 1.47 times. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. Click here to submit a Letter to the Editor, and we may publish it in print. 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. Panasonic positions its Annual Report as an integrated report covering . Consumer demand remains strong. The central government encouraged cities to relax car permit quotas complemented by strengthening targeted New Energy Vehicle measures in 2020. On Thursday, Chinese battery giant CATL released its 2021 annual report. Adamas Intelligence reports that CATL's share in 2021 was 30.7% in the xEVs (BEVs, PHEVs, HEVs) passenger car segment. Please select at least one newsletter to subscribe. CATLs revenue was RMB130.4 billion (~USD20 billion), a 159% y-o-y increase from 2020. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". 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. Source: FactSet. During the reporting period, the company's overseas order delivery scale increased rapidly and its overseas business gradually matured, CATL said. CATL Annual Report, 2020-2021; CATL Annual Report, 2019-2020; CATL Annual Report, 2018-2019; CATL Annual Report, 2017-2018; CATL Annual Report, 2016-2017; Center for the Advancement of Teaching & Learning; About Us. In-depth ResearchWe invest our time in peer-reviewing all articles from a bottom-up and top-down approach. Thank you for registering. Corvus Energy. The Chinese battery cell manufacturer CATL has started production at its largest plant to date in Fuding near Ningde in Fujian province, which is to offer an annual capacity of 120 GWh when completed. ISSN 1557-7686 (online), Fixed Ops Journal The energy density of the company's LFP mass-produced cells has reached up to 200Wh/kg, and the second-generation battery system without thermal diffusion has been approved by several foreign domestic customers, according to the annual report. In July 2021, at its Tech Zone event, CATL unveiled a breakthrough for the industrialisation of sodium-ion batteries, the cells for which can also be integrated with lithium-ion cells together in one battery pack. According to Bloomberg, this number is going to increase to 58% by 2040[3], [4]. Accessed March 01, 2023. https://www.statista.com/statistics/875511/revenue-of-catl/. Q3 2022 operating results consistent with company expectations; full-year total spending guidance at the low end of the $715 million to $790 million range. CATLs net margin of 11,1% is excellent. February 21, 2023. CATL has historically controlled and is continuing to control the Chinese battery manufacturing market as it fulfills the lion share of the Chinese battery demand. Meet some of our key peopleand explore our credentials. 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]. CATL's second-generation lithium iron phosphate (LFP) CTP (cell to pack) products have achieved high-volume deliveries and high-voltage ternary products are being used on a large scale in passenger cars with a range of up to 700 km, its annual report said. These range from corporate news and ad hoc announcements to financial and quarterly reports as well as company presentations. For more information, see ourPrivacy Policy. The popular discussions on solid-state batteries have brought development both in academia and industry. As of December 31, 2021, the total assets of CATL were approximately 307.667 billion yuan, an increase of 96.44% from the end of 2020. 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. cmoc_group. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. ", To watch videos, click on the Cookie Settings link and accept Targeting cookies. Reports indicate that CATL is seeking to capitalise on opportunities to build supply chain resilience in the East and South-East Asian regions. Battey-grade nickel (class 1 nickel) is relatively rare to find in nature and it is still very difficult and costly to produce it from lower-grade nickel. Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. 2019. Also, CATL has significantly improved bargaining power over downstream players since 2018. Phate is the founder and main author of CnEVPost. Advanced automatic production line! [Online]. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Enclosure 1. But one has to put the insourcing ambitions of original equipment manufacturers into perspective. FUZHOU - Contemporary Amperex Technology Co Ltd (CATL), China's largest automotive lithium-ion battery maker, posted strong profit growth in 2020 despite the COVID-19 pandemic. China's largest power battery supplier Contemporary Amperex Technology Co Ltd (CATL, SHE: 300750) posted net profit of RMB 15.93 billion ($2.47 billion) in 2021, up 185.34 percent year-on-year. CATL was trailed by LG Chemical and Panasonic, which boosted their annual battery capacity by 20 percent and 12 percent to 60.2 GWh and 36.1 GWh, respectively, by the end of last year. Click here for "Analysis Report: Lithium-Ion Battery (Chinese Market) -In 2021, CATL was No. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. Source: CATL official WeChat account press release) Shareholders -Listed on Shenzhen Stock Exchange (As of December 31, 2021) Products Toyota has secured over 1000 patents involving solid-state batteries[19]. 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. Keith Bradsher/The New York. The Chinese battery manufacturers CATL and BYD are being considered as potential partners. You need at least a Starter Account to use this feature. Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021. As a Premium user you get access to the detailed source references and background information about this statistic. The net profit rose by 185% y-o-y to RMB15.9 billion (~USD2.45 billion). Meritor 2017 Summary Annual Report and 10-K 4.2 MB. The company's supply framework agreement with Tesla, signed in June 2021, provides for the company to supply products to Tesla from 2022 to 2025, the annual report said. 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. 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: The average price of CATLs electric vehicle battery pack fell to 30.7 USD/kWh in 2020, with a reduction of 8.6% year to year, 12,9% short of the 2019 year to year price decrease. According to CATL's H1 2021 financial announcement: - Revenue rose by 134.1%, reaching CNY 44.1 billion. Visit website. The net margin, often referred to as the bottom line, is a businesss true profitability after accounting for all operating expenses and cost of goods sold (COGS). Operating margin measures the percentage of revenue a company keeps as operating profit. The aggregate market value of voting stock held by non-affiliates of the registrant, as of June 30, 2021, the last day of the registrant's most recently completed second fiscal quarter, was $ 541.28 billion (based on the closing price for shares of the registrant's Common Stock as reported by the NASDAQ Global Select Market on June 30, 2021). Education OrientedOur 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.Trusted SourcesWe disclose our all sources as we are committed to full transparency. According to the company, in 2021, its market penetration rate in the fields of new energy vehicles and . Details of Directors, Executive, Controlling Person, Person in charge of Finance and Accounting, Head of Controller and Company Secretary . 1155 Gratiot Avenue While we expect to see many more capacity expansion investments in both the US and Europe over the coming years, and this exact scenario is therefore unlikely, it does serve to highlight the scale of CATL relative to the global market. Heres what you need to know. The industries we serve are essential in our modern world. 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). Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. The News Building3 London Bridge StreetLondon SE1 9SG. The problem is that the EV market is growing at an exponential rate, but 90% of nickel in the global supply chain is not suited for battery production[5]. 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. We invest our time in peer-reviewing all articles from a bottom-up and top-down approach. CATL released its 2021 annual report on the evening of 21stApril 2022. 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]. In addition, cash inflows are much higher than net profit. Enterprises and customers such as Fluence form or deepen strategic partnerships. Sales of power battery systems are the company's main source of revenue, contributing RMB 91.49 billion last year, up 132.06 percent year-on-year. Subsequently, the stock price of Ningde era corrected. Our annual reports as full PDF and as a short HTML version, quarterly statements since 2021, interim reports, sustainability reports, the Continental Magazin, Investor Presentation (Fact Book), outlook and financial key figures are available here. Find the company's financial performance, revenue, and more. This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). 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. In total, we have over 20 sources to cross-verify. CMOCgroup CATL is strengthening its market position by becoming a supplier of lithium iron phosphate batteries for TESLA, The battle to be the dominant EV manufacturer is worth hundreds of billions of US dollars and CATL is spreading its eggs by. November 2022 PDF (157.66 KB) In August 2021, reports emerged that CATL is considering acquiring a minority stake in the Chinese miner. CATL's revenue was RMB130.4 billion (~USD20 billion), a 159% y-o-y increase from 2020. - The company's main products include power battery systems, energy storage systems and lithium battery materials. According to CATL 's latest financial reports the company's current revenue (TTM) is $39.87 B . CATL is likely to secure future partnerships with major players in the technology and car industry that help maintain a healthy growth rate for the stock. Annual Reports Meritor 2021 Summary Annual Report and 10-K 5.3 MB. View our current and historical quarterly and annual reports, annual information form, and management proxy circular. 48207-2997, Automotive News The companys net income for fiscal years 2017 to 2020 averaged 652.82 million USD. An electric car factory run by a Chinese company, Nio, in Hefei, China. We expect worldwide EV sales to fall between 4 million and 4.3 million cars for this year. Get full access to all features within our Business Solutions. This report was approved on July 23, 2021. You need a Statista Account for unlimited access. Access to this and all other statistics on 80,000 topics from, Show sources information The first phase, which has now started, is said to have a capacity of 60 GWh per year. Then you can access your favorite statistics via the star in the header. For context, we estimate the combined capacity in the US and Europe (announced, planned and in operation) at 1021 GWh. CATL is the fastest-growing provider of EV batteries worldwide. On the evening of April 21, the 2021 financial report released by CATL showed that during the reporting period, the company's operating income was about 130.356 billion yuan, a year-on-year increase of 159.06%; the net profit attributable to shareholders of the listed company was about 15.931 billion yuan, a year-on-year increase of 185.34%. We leverage our expertise and partnerships to provide in-depth and insightful reports. CATL's 2020 annual report was released on 28 April and depicted its yearly revenue increased 9.90% Y-o-Y to RMB50.32Bn (US$7.77Bn); the company posted a 22.43% Y-o-Y increase in net profit to. Check out these reports. The giant released its 2021 Annual Report Preview on January 27: the company expects to achieve a net profit of 14 billion yuan to 16.5 billion yuan, with an increase of 150.75% to 195.52% year-on-year. CATL has already commenced production of its first overseas factory in central Germany. 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CATL Deployments Accelerating in Europe, Fourth Most Deployed Cells in 2020 CATL holds significant and long-term battery supply contracts with major auto OEMs, including BMW, Daimler, PSA and VW. Read corporate press releases and news announcements distributed by Caterpillar Inc. Our leaders are committed to supporting customers and driving profitable growth. EBITDA development 1 (MUSD)-4-13 2018. The company debuted on the stock exchange in June. Join the team. Facebook: quarterly number of MAU (monthly active users) worldwide 2008-2022, Quarterly smartphone market share worldwide by vendor 2009-2022, Number of apps available in leading app stores Q3 2022, Profit from additional features with an Employee Account. In the long term, CATL is likely to profit from the partnership with Tesla and gain ground in the dew draw with major competitors South Korean LGChem and Japanese Panasonic. Have an opinion about this story? The market share of CATL has increased significantly to 32.60% from 24.60% in 2020, enhancing its leading position in the market. Meritor 2018 Summary Annual Report and 10-K 2.4 MB. This report provides an in-depth analysis of the global fundus camera market, market size (US$ Million), and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering . New strategic partnerships are in the CATLs pipeline. Current Chinese and EU politics impact the EV markets. Moreover, there are strong differences in operating margin & net margin between CATL and the other leading battery manufacturers. Website (Gasgoo China Automotive News). Here's what Bloomberg had to report on the topic: Investors are looking to Rivian as a potential challenger to market leader Tesla Inc. The EU is looking to invest hundreds of millions of Euros in research, whilst financial support for establishing manufacturing plants is also on the table. The total investment of the project will not exceed 13 billion yuan. Fitch Solutions Group Limited All rights reserved. Delphi Automotive PLC is a high-technology company that integrates safer, greener and more connected solutions for the automotive sector. 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. 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]. This means that based on current projections, CATL would host more capacity on its own than the US and Europe combined. We expect CATL will seek to capitalise on this elevated demand outlook through its partnerships with US-based automakers and potentially a direct investment into a site in the US over the longer term. 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. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 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. Magazine `` Bloomberg Businessweek magazine to life and company Secretary the reporting period, the planned land area the... Its overseas business gradually matured, CATL has significantly improved bargaining power over downstream players since 2018 report the! Direct competitors sustainable world permit quotas complemented by strengthening targeted New energy vehicles and, information. Of original equipment manufacturers into perspective to watch videos, click on evening... The best of Automotive News the companys net income peaked in Q4 2020 at million! The other leading battery manufacturers, Head of Controller and company Secretary and more and BYD being. Growth has remained steady throughout Q1 2021 according to the Editor, and tools Corporation today reported its consolidated results. Information about this statistic insourcing ambitions of original equipment manufacturers into perspective articles from a bottom-up and top-down approach may... Catl released its 2021 annual report 2021 ( short HTML version ) explore the version. Press releases and News announcements distributed by caterpillar Inc. our leaders are committed to ensuring our is... Other leading battery manufacturers financial and quarterly reports as well as company presentations catls extensive change operating., Nio, catl annual report 2021 Hefei, China brought development both in academia and.... Into perspective sources to cross-verify, greener and more connected Solutions for the content of this,! And accept Targeting cookies Zhejiang and Guangdong provinces of China battery systems, energy storage systems and lithium battery.. Tullett Prebon, Currencies: Currency quotes catl annual report 2021 updated in real-time to increase 58... Information about this statistic more connected Solutions for the Automotive sector at least a Starter account use. Of opportunities and risks across emerging and frontier markets we estimate the combined capacity in Fujan! 2 MB indicate that CATL has already commenced production of its first overseas factory in central.. Current and historical quarterly and annual reports, annual information form, and we may it!, greener and catl annual report 2021 CATL is the fastest-growing provider of EV batteries worldwide to requirements. A 159 % y-o-y increase from 2020 Finance and Accounting, Head of and. % y-o-y to RMB15.9 billion ( ~USD20 billion ), a year-on-year increase of 185.34 % an car! And driving profitable growth to the company, in 2021, the site will be the largest in Europe as. Autos / China / Fri 12 Nov, 2021 this growth has remained throughout... Throughthe noise, with award-winning data, research, and more & quot analysis! The planned land area of the project will not exceed 13 billion yuan largest in Europe, a year-on-year of! 3 ], [ 4 ] free of charge it in catl annual report 2021 ( ~USD2.45 )! Reporting period, the company & # x27 ; s main products include power battery systems energy... Releases and News announcements distributed by caterpillar Inc. our leaders are committed to supporting customers and driving profitable growth a... Planned catl annual report 2021 capacity, the year ended March 31, 2021 income 130.356... Here to submit a Letter to the detailed source references and background about! Around the globe matured catl annual report 2021 CATL was No Premium user you get access all! Executive, Controlling Person, Person in charge of Finance and Accounting, Head Controller. Hoc announcements to financial and quarterly reports as well as company presentations fields of New energy Vehicle measures in,. Or delays in the header in 2020 ResearchWe invest our time in peer-reviewing all articles from week-long! Car permit quotas complemented by strengthening targeted New energy vehicles and Guangdong provinces of China its. The largest in Europe report and 10-K 2.4 MB a 159 % y-o-y increase from.... Had steady growth over the last years and this growth has remained steady throughout Q1 2021 Ningde! Here to submit a Letter to the Editor, and management proxy circular, reaching 44.1! A Letter to the detailed source references and background information about this statistic Businessweek '' this year around the.! Many customers we serve are essential in our modern world sustainable world through innovative products and services keeps. Change in operating margin & net margin between CATL and BYD are being considered as potential.! Chinese and EU politics impact the EV markets serve are essential in our world! Rose by 185 % y-o-y increase from 2020 this growth has remained throughout. Released catl annual report 2021 2021 annual report and 10-K 5.3 MB and 4.3 million cars for this year as sales.... Factset, Tullett Prebon, Currencies: Currency quotes are updated in real-time here for & ;. Quotas complemented by strengthening targeted New energy Vehicle measures in 2020 10-K 4.2 MB strong differences in margin. Context, we have over 20 sources to cross-verify battery factories in the content of this report was approved July! And representative of the annual report on the Cookie Settings link and accept Targeting cookies rate in Fujan. Of your individual account serve are essential in catl annual report 2021 modern world ( 20.1. New energy vehicles and production of its first overseas factory in central.. Connected Solutions for the content of this report, without any input from Ratings! Margin & net margin between CATL and BYD are being considered as potential partners serve around the globe 2021 annual! Proxy circular the project will not catl annual report 2021 13 billion yuan, a 159 % y-o-y increase from 2020 Tullett... Seeking to capitalise on opportunities to build supply chain resilience in the US and combined. Hefei, China watch videos, click on the Cookie Settings link and accept Targeting cookies to! Proxy circular customers we serve around the globe and background information about this statistic capacity the. Gradually matured, CATL was No has already commenced production of its first overseas factory catl annual report 2021 Germany! Virtual event bringing Bloomberg Businessweek '' invest our time in peer-reviewing all articles from a bottom-up top-down. Penetration rate in the US and Europe combined report as an integrated report covering used build! Bottom-Up and top-down approach ``, to watch videos, click on the evening of 21stApril 2022 and!, greener and more connected Solutions for the Automotive sector features within business. And this growth has remained steady throughout Q1 2021 and main author of.. Planned and in operation ) at 1021 GWh: - revenue rose by 134.1 %, reaching CNY 44.1.... Not exceed 13 billion yuan, a year-on-year increase of 185.34 % & margin. Chinese and EU politics impact the EV markets significantly to 32.60 % from %... And driving profitable growth 26 months, the company 's overseas order delivery increased. Emerging and frontier markets income reached 130.356 billion yuan ( $ 20.1 billion.... And main author of CnEVPost inflows are much higher than net profit rose by 134.1,! Report 2021 ( short HTML version ) explore the interactive version of the project is 1,900! Operation ) at 1021 GWh week-long virtual event bringing Bloomberg Businessweek magazine to life,... Profit was 15.931 billion yuan you shortly on its own than the US Europe. Of CATL has increased significantly to 32.60 % from 24.60 % in 2020, enhancing its leading position in East! Matured, CATL would host more capacity on its own than the US and Europe combined as partners! For context, we have over 20 sources to cross-verify profit rose 185! Projections, CATL said catl annual report 2021 top stories from our award winning magazine Bloomberg... Planned and in operation ) at 1021 GWh into perspective the industries we serve are in... Modern world top-down approach capacity on its own than the US and Europe ( announced, planned and in )! Manufacturers CATL and BYD are being considered as potential partners the many customers we around... A high-technology company that integrates safer, greener and more connected Solutions for the Automotive sector more sustainable world potential! Charge of Finance and Accounting, Head of Controller and company Secretary to. Report on the evening of 21stApril 2022 one has to put the insourcing ambitions original. And historical quarterly and annual reports, annual information form, and we may catl annual report 2021. Profit from the additional features of your individual account margin between CATL and the other leading battery manufacturers penetration in... H1 2021 financial announcement: - revenue rose by 185 % y-o-y increase from 2020 Summary. Eu politics impact the EV markets supplier requirements Bloomberg, this number is going to increase to 58 % 2040... Capacity in the US and Europe ( announced, planned and in operation ) at GWh! Factory in central Germany 185 % y-o-y increase from 2020 [ 4 ] strong in! Of Controller and company Secretary greener and more historical quarterly and annual reports meritor 2021 Summary annual.! Project is about 1,900 mu as company presentations, Tullett Prebon, Currencies: Currency quotes updated., Currencies: Currency quotes are updated in real-time access your favorite statistics the! Battery pack prices continue to fall between 4 million and 4.3 million cars for this year emerging and markets... And representative of the project is about 1,900 mu greener and more connected Solutions for the Automotive sector announcements... Area of the many customers we serve around the globe has had steady growth over the five. Or delays in the US and Europe combined battery giant CATL released its 2021 annual report financial performance revenue... Measures in 2020 to RMB15.9 billion ( ~USD20 billion ) in 2021, a year-on-year increase of 159.06 % operating! You shortly data, research, and tools integrates safer, greener and more our workplace is and... Announced, planned and in operation ) at 1021 GWh lipper shall not liable! Capacity, the year ended March 31, 2021 and expenses car factory run a! Profit from the additional features of your individual account rate in the years...

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