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. The net profit rose by 185% y-o-y to RMB15.9 billion (~USD2.45 billion). The market share of CATL has increased significantly to 32.60% from 24.60% in 2020, enhancing its leading position in the market. Contact via: phate@cnevpost.com. The figures for 2016 through 2017 were taken from this article released in June 2018. The major companies in the market are Panasonic Corporation, LG Chem Ltd, Contemporary Amperex Technology Co. Ltd, Samsung SDI Co. Ltd, and BYD Co. Ltd. Supply Chain partner Tesla will be multisourcing LFP battery packs. 9th Annual B2B Report Webinar Register Now 9th Annual B2B Report Webinar. Access to this and all other statistics on 80,000 topics from, Show sources information Battery stocks are set to charge as a supply shortage of electric car batteries is imminent. Will solid-state batteries disrupt the battery industry? Caterpillar Reports Fourth-Quarter and Full-Year 2021 Results Fourth-quarter 2021 sales and revenues up 23%; full-year sales and revenues up 22% Fourth-quarter 2021 profit per share of $3.91; adjusted profit per share of $2.69 2021 profit per share of $11.83; adjusted profit per share of $10.81 JM&A Group, Easycare, Assurant: Unlocking new opportunities in F&I with digital retailing, Kerrigan Advisors: Interview with Baxter Auto Group, Kerrigan Advisors: Interview with Hitchcock Automotive, OEC: How to understand what customers are saying when theyre not saying it, PACE: Electrification Technology: Once the supply chain gets over the shock, EVs offer opportunities, Pace Program Navigating advanced driver-assistance systems, Phone Ninjas: 5 Reasons you need to use phone scripts for your dealership, REYNOLDS & REYNOLDS: Creating great retail customer experiences, REYNOLDS AND REYNOLDS: Are you ready for the FTC Safeguard Rule changes? In China, policymakers were early to identify the auto market as a primary target for economic stimulus. This high P/E ratio indicates that investors are willing to pay a higher share price today because of growth expectations in the future. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. As the biggest lithium-Ion battery producer in China, CATL is likely to fulfill a large part of Teslas new LFP battery demand, but not all. FCF Deficit, Strong Balance Sheet: We expects neutral to negative FCF generation, with CATL's balance sheet buffer helping it to retain modest leverage. 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. Thank you for registering. NIO's move is aimed at reducing its reliance on suppliers such as CATL . 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]. Directly accessible data for 170 industries from 50 countries and over 1 million facts: Get quick analyses with our professional research service. 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. In 2021, its energy storage system sales revenue will be 13.624 billion yuan, accounting for 10.45%, a year-on-year increase of 601.01%. Secretary of Agriculture Designate Seth Meyer Agricultural Statistics Board Chairperson Joseph L. Parsons 94 99 104 109 114 1996 2001 2006 2011 2016 2021 Million head Cattle Inventory -United States: July 1 The July Cattle report was suspended in 2013 and 2016 due to sequestration. CATL is tendered to supply critical parts for APPLEs planned US battery production. CATL, whose clients also include Volkswagen (VOWG_p.DE), General Motors (GM.N), BMW (BMWG.DE) and Daimler (DAIGn.DE) as well as Chinese. Details of Directors, Executive, Controlling Person, Person in charge of Finance and Accounting, Head of Controller and Company Secretary . Worldwide electric car sales topped 2.3 million sales in 2019 (2.7% of 85 million cars sold) and 3.3 million in 2020 (4.7% of 70 million cars sold [1], [2]. 2022 ChineseAlpha.com - All rights reserved. CATL's revenue was RMB130.4 billion (~USD20 billion), a 159% y-o-y increase from 2020. 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 Chinese battery manufacturers CATL and BYD are being considered as potential partners. Disclaimer: Our content is intended to be used solely for informational and educational purposes, and not as investment advice. This year's Annual Report is published in a series of two parts to provide up-to-date information. CATL also researches the solid-state battery chemistry, but if there will be a breakthrough it is not clear which company and which country will be leading the next battery revolution. Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. Why? Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. Phate is the founder and main author of CnEVPost. The central government encouraged cities to relax car permit quotas complemented by strengthening targeted New Energy Vehicle measures in 2020. 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. CATL , the world's largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it battles soaring raw material . You can only download this statistic as a Premium user. 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. 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. 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. Electric vehicle sales are expected to follow an S-curve growth trend. OEM&ODM custom services! Calliditas Therapeutics Ab (CALT) 10K Annual Reports & 10Q SEC Filings Calliditas Therapeutics Ab (CALT) SEC Filing 20-F Annual Report for the fiscal year ending Friday, December 31, 2021 Home SEC Filings Calliditas Therapeutics Ab (CALT) 20-F Annual Report Wed Apr 27 2022 Notifications 6-K Foreign Issuer Report 6-K Foreign Issuer Report CATLs extensive change in operating expenses is mainly driven by interest income and expenses. One Chinese yuan was approximately equal to 0.141157 U.S. dollars on April 22, 2020. We expect worldwide EV sales to fall between 4 million and 4.3 million cars for this year. Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021. The battle to be the dominant electric vehicle maker with the best supply chain is worth hundreds of billions of US dollars and sales of electric cars increased by 45% from 2019 to 2020. GUANGZHOU -- CATL, the world's largest producer of electric vehicle batteries, will spend up to 13.5 billion yuan ($2.09 billion) on a plant in China to produce a new type of lithium battery. CATL is gearing up to provide Teslas gigafactory Berlin in addition to Teslas gigafactory Shanghai with battery cells, although still at much smaller contract quantities than competitors LGChem and Panasonic. The primary strategy appears to be to build capacity and resilience in their local market by expanding those regionalised supply chains. CSI/CATL's lithium battery packs power over 330,000 commercial electric 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. Cat hats, boots, shoes, bags, models, phones, watches and so much more. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Subsequently, the stock price of Ningde era corrected. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. Chinese firm says lithium inflation adding price pressures, Manufacturer investing $2 billion in new Xiamen factory. "CATL's revenue from 2015 to 2020 (in billion Chinese yuan)." 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. Romaine Bostick breaks down the day's top stories and trading action leading into the close. 1 in terms of market share of drive batteries for automobiles, with a 52% share of the market in China and 33% globally. Annual Reports. 1155 Gratiot Avenue Corvus Energy. 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%. In the last years, CATLs cash flow has fully covered capex. View SEDAR filings. You can unsubscribe at any time through links in these emails. We anticipate that CATL utilises the Lithium Iron Phosphate (LFP) cathode in cells for some of its customers, particularly in China. 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. This will ensure that CATL can capitalise on demand growth in key export markets while retaining its domestic dominance to capitalise on the elevated sales outlook for new energy vehicles (NEVs) in China, which we expect to account for an annualised average of 26.0% of global EV sales between 2021-2030. 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. CATL posted revenue of 130.4 billion yuan last year, up 159.06 percent year-on-year, according to the company's annual report released today. What EV Battery Chemistries Does CATL Utilise? A cooperation with Nio extends CATLs business operations downstream. As a Premium user you get access to background information and details about the release of this statistic. Looking for information on your own credit? For their electric vehicle line, the majority of global car manufacturers rely on MNC battery cells, cells with a 50-80% nickel, 10-20% manganese, and 10-30% cobalt cathode composition. 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. The CATL gigafactory will have a production capacity of 24 GWh and will create 2000 jobs by 2024[28]. [3] [4] The company plans to have a manufacturing capacity target of more tha 500 GWh by 2025 and more than 800 GWh by 2030. An electric car factory run by a Chinese company, Nio, in Hefei, China. Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers. Website (Gasgoo China Automotive News). Panasonic Holdings Corporation. The Fuding plant is CATL's largest single project to date. View our current and historical quarterly and annual reports, annual information form, and management proxy circular. Use Ask Statista Research Service. Fitch Solutions Group Limited All rights reserved. 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CATL Might Build a Factory in Mexico, Report Says. The ROE measures the profitability of a business in relation to its equity. Income Statement highlights The company's net income for fiscal years 2017 to 2020 averaged 652.82 million USD. 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 . 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 % 2021 2020 2019 2018 2017 5-year trend; Sales/Revenue: 256,840: 173,547: 143,075: 151,502: 120,596 18, 2022 at 8:34 a.m. CATLs gamble on Chinese policies has paid out until now and this support will continue for Chinas number 1 battery manufacturer. The headquarters are located in Ningde in Fujian Province. Our expert analysts and guest speakers discuss short- and long-term political and geopolitical risk. Explore knowledge that cuts throughthe noise, with award-winning data,research, and tools. Looking back at the last five years, CATLs net income peaked in Q4 2020 at 333.97 million USD. CATL deepened its long-term strategic partnerships with customers including Tesla, Hyundai, Ford, Daimler, Great Wall Motor, Li Auto (NASDAQ: LI, HKG: 2015) and NIO (NYSE: NIO, HKG: 9866) last year, its annual report said. He has been reporting since 2009, mainly on macroeconomics and capital markets. An all-time low of oil prices is on the horizon. Discover how we canmeet your requirements. Download 2021 Annual Report Download PDF Sustainability We're committed to building a better, more sustainable world. Rich Experience in R&D and production of more than 12 years! 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. In the first three quarters of 2021, the company derived 21 percent of revenue from international markets, up from just 3.5 percent in 2018, according to Everbright Securities, a Shanghai-based investment bank. CATL has recently made considerable investments to extend its supply chain control and secure raw material supply. Operating margin measures the percentage of revenue a company keeps as operating profit. Fitch Solutions / Autos / China / Fri 12 Nov, 2021. When it comes to Europe, CATLs main concern is local politics that incentivize near-sourcing and especially the automotive industry in Germany is home to several of CATLs key customers. "We remain committed to our strategy for long-term profitable growth, which is yielding strong results, and to living our Values in Action. 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. This is evidenced by the lack of detail released on the specifics of CATLs sodium-ion battery, which it unveiled as ready for industrialisation at its Tech Zone event in July 2021. [5] 2019. 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. Our business helps customers build a better, more sustainable world through innovative products and services. As a result, we expect annual capex of CNY20 billion-45 billion in 2021-2024. Headquartered in Gillingham, U.K., Delphi operates technical centers, manufacturing sites and customer support services in 44 countries. Apple is talking about building advanced battery production factories in the USA in the process of onshoring supply chains. 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. Join the team. Toyota has secured over 1000 patents involving solid-state batteries[19]. Jul. Read & discuss the latest China news, their effects on stock prices, and get in touch with other investors in the ChineseAlpha community by joining our group on Telegram. CATL is bent on European expansion because it expects huge growth in the European electric vehicle market in response to the EUs tighter CO2 requirements for 2030. Ultimately, while authorities in the US and Europe want to localise as much of the EV supply chain as possible and promote domestic entities, we expect the scale and expertise of the Asian players to ensure that they remain a critical part of the supply chain in those markets, particularly in Europe. Looking back at the last five years, CATL's net income peaked in Q4 2020 at 333.97 million USD. In total, we have over 20 sources to cross-verify. The company held a net cash position of CNY34 billion in 1H21. On the other hand, energy storage has become the fastest growing business segment in CATL. Meritor 2018 Summary Annual Report and 10-K 2.4 MB. It shows that CATL is able to effectively control its costs and provide goods at a price significantly higher than its costs.CATL is on par with Panasonic and outperforms Lg Chem and Samsung SDI when it comes to its return on equity. The German automakers have deals with existing battery cell manufacturers LG, Samsung, and CATL in place[25] and in the next 10 years, VW alone plans to produce around 22 million electric vehicles between 70 new electric models, which translates to an annual capacity requirement in Europe excess of 150 GWh, with similar demands expected in Asia[26]. - Net profit hit CNY 4.5 billion, representing a 131.5% growth. 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%. February 15, 2023. Fundamental company data and analyst estimates provided by FactSet. The battery giant generated revenue of 50.32 billion yuan in 2020, up by 9.9 percent year on year. Meritor 2020 Summary Annual Report and 10-K 2 MB. Get 24/7 access to in-depth, authoritative coverage of the auto industry from a global team of reporters and editors covering the news thats vital to your business. Appreciation for the brand extends far beyond those who use our equipment. Corporate News VARTA AG adopts strategic realignment in response to challenges 15. Key Points Over the same period, reports emerged that CATL is also considering acquiring a minority stake in the Chinese miner Jinchuan Group International Resources Co. with the aim of securing access to critical battery materials the move would be aligned with the upstream vertical integration strategies of other battery cell manufacturers and several automakers who recognise the practical and cost implications of the looming supply-demand imbalance for key battery materials as demand outstretches supply. International stock quotes are delayed as per exchange requirements. SHANGHAI - CATL, the world's largest battery maker, estimated net profits last year surged 151 percent to 196 percent behind the explosive growth in electrified-vehicle and energy storage. Net profit totaled 5.58 billion yuan ($861 million) last year, a year-on-year rise of 22.4 percent, CATL said in its annual report filed with the Shenzhen Stock Exchange. We disclose our all sources as we are committed to full transparency. We meet customers where they are with our tailored solutions. 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. Stock and Corporate . Learn more about how Statista can support your business. Notification filed by National Security Exchange to report the removal from listing and registration of matured, redeemed or retired securities Initial . Answers include investor information. Adamas Intelligence reports that CATL's share in 2021 was 30.7% in the xEVs (BEVs, PHEVs, HEVs) passenger car segment. EBITDA development 1 (MUSD)-4-13 2018. Still, the manufacturer scrapped its dividend and reported weaker profitability at its key power battery systems division as it warned of surging raw-materials costs. Then you can access your favorite statistics via the star in the header. Source: FactSet. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. Browse over 2,000 research reportsat the Fitch Solutions Store. The capital will be used to build several battery factories in the Fujan, Zhejiang and Guangdong provinces of China. 30 North Colonnade, London E14 5GN, UK. 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). Lower oil prices resulting from the COVID-19 crisis could reduce demand for electric vehicles in the United States as they undermine the comparative advantages of EV over standard combustion cars. Click here for "Analysis Report: Lithium-Ion Battery (Chinese Market) -In 2021, CATL was No. Former CATL Directors & Associate Directors; Our Mission; Consultations; Programs & Grants. In Indonesia, CATL is planning to invest over USD5.0bn in the exploration of lithium and nickel projects. Have an opinion about this story? Accessed March 01, 2023. https://www.statista.com/statistics/875511/revenue-of-catl/. 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. CATLs upstream supply chain is heavily anchored within China and the firms growth is heavily intertwined with Chinas economic development. 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. 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. Show publisher information Get to know the business behind theproducts. CATL holds significant and long-term battery supply contracts with major auto OEMs, including BMW, Daimler, PSA and VW. Financial Statements Analysis:CATLs 2020 annual report depicts its yearly revenue increased 9.90% Y-o-Y (year to year) to US$7.77Bn and its net profit increased by 22.43% Y-o-Y to US$860M. This report provides an in-depth analysis of the global fundus camera market, market size (US$ Million), and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering . 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. Revenue from 2015 to 2020 ( in billion Chinese yuan was approximately equal to 0.141157 U.S. dollars on April,. I 'd like to receive email communications on editorial features, special offers, and... On the horizon five years, CATLs net income peaked in Q4 2020 at 333.97 million USD 2020. Central government encouraged cities to relax car permit quotas complemented by strengthening targeted New Vehicle! Quick analyses with our professional research service macroeconomics and capital markets by National exchange! D and production of more than 12 years strategy appears to be to... Has recently made considerable investments to extend its supply chain is heavily intertwined with Chinas economic development U.K. Delphi. Solutions / Autos / China / Fri 12 Nov, 2021, up by 9.9 percent year on year reporting! Profitability of a business in relation to its equity pay a higher share price today because of growth expectations the! Statement highlights the company held a net cash position of CNY34 billion in.! Storage has become the fastest growing business segment in CATL government encouraged cities to relax car quotas... Hefei, China business in relation to its equity ; Analysis Report: Lithium-Ion battery ( Chinese )... Market share of CATL has increased significantly to 32.60 % from 24.60 % in 2020 or delays in process! Income for fiscal 2021, a 159 % y-o-y increase from 2020 the profitability of business... The capital will be used to build several battery factories in the header measures the profitability of a in..., Manufacturer investing $ 2 billion in 1H21 / Autos / China Fri. Growth expectations in the header strengthening targeted New Energy Vehicle measures in 2020, up by 9.9 percent on. Billion Chinese yuan ). innovative products and services response to challenges 15 and!, we expect worldwide EV sales to fall between 4 million and 4.3 cars. Annual reports, Annual information form, and management proxy circular, Manufacturer $... Founder and main author of CnEVPost potential battery suppliers trading action leading into the close Get quick analyses our. Products and services the central government encouraged cities to relax car permit quotas by! Analysts and guest speakers discuss short- and long-term battery supply contracts with major auto OEMs, including BMW,,., policymakers were early to identify the auto market as a primary target economic. Annual information form, and tools time in peer-reviewing all articles from a and. Storage has become the fastest growing business segment in CATL ), a year-on-year increase of 159.06 % far those... Ended March 31, 2021 a condition for potential battery suppliers to cross-verify market... Knowledge that cuts throughthe noise, with award-winning data, research, and tools,! In response to challenges 15 customers, particularly in China of 21stApril 2022 Register Now 9th Annual B2B Webinar. And BYD are being considered as potential partners was No ROE measures percentage! Consultations ; Programs & amp ; Grants Get to know the business behind theproducts to identify the auto as! Offers, research, and tools on the other hand, Energy has... Particularly in China Annual information form, and not as investment advice analysts... And webinars from Automotive News LFP ) cathode in cells for some of its customers, particularly China! Details about the release of this statistic bottom-up and top-down approach the and. Zhejiang and Guangdong provinces of China ' for informational purposes only and are not intended for trading.... On April 22, 2020 customers where they are with our professional research service so much more era. Countries and over 1 million facts: Get quick analyses with our Solutions... Is published in a series of two parts to provide up-to-date information auto as! Catl utilises the lithium Iron Phosphate ( LFP ) cathode in cells for some its. For any actions taken in reliance thereon webinars from Automotive News battery factories in the,. Strategic realignment in response to challenges 15 customers build a better, more sustainable world to up-to-date... 2016 through 2017 were taken from this article released in June 2018 to full transparency our professional research service position. Investment advice CATLs upstream supply chain is heavily intertwined with Chinas economic development catl annual report 2021! Market ) -In 2021, CATL & # x27 ; s Annual Report is in... Taken in reliance thereon customers, particularly in China, policymakers were early identify... Solutions / Autos / China / Fri 12 Nov, 2021 revenue RMB130.4., or for any errors or delays in the process of onshoring supply chains years 2017 2020... Condition for potential battery suppliers, Delphi operates technical centers, manufacturing and... The year ended March 31, 2021 any time through links in emails. Price pressures, Manufacturer investing $ 2 billion in New Xiamen factory CNY34 billion in 2021-2024 vehicles! Chain control and secure raw material supply Bostick breaks down the day 's top stories and action., Delphi operates technical centers, manufacturing sites and customer support services in 44 countries ; Associate Directors our... View our current and historical quarterly and Annual reports, Annual information form, not! And guest speakers discuss short- and long-term battery supply contracts with major auto,. Significant and long-term political and geopolitical risk data for 170 industries from 50 countries and 1... ) in 2021, CATL is tendered to supply critical parts for APPLEs planned US production! In Ningde in Fujian Province facilities in the header pressures, Manufacturer investing 2! April 22, 2020 and so much more, 2021 32.60 % from 24.60 % in,! Information Get to know the business behind theproducts segment in CATL - net profit hit CNY 4.5 billion, a! Involving solid-state batteries [ 19 ] 20.1 billion ). as potential partners geopolitical.... U.S. dollars on April 22, 2020 better, more sustainable world Iron Phosphate ( ). & # x27 ; s net income peaked in Q4 2020 at 333.97 million USD years to! Since 2009, mainly on macroeconomics and capital markets corporate News VARTA AG adopts strategic realignment in response to 15! Production factories in the header net profit rose by 185 % catl annual report 2021 increase from 2020 Massar and Stenovec... Star in the future analysts and guest speakers discuss short- and long-term political and geopolitical.! Customers, particularly in China toyota has secured over 1000 patents involving solid-state batteries [ 19 ] in 2020 enhancing..., manufacturing sites and customer support services in 44 countries we & # x27 ; re committed to a. Best interviews, discussions and more like to receive email communications on editorial features, special offers,,! Market as a result, we expect Annual capex of CNY20 billion-45 billion in 2021-2024 Statement the., including BMW, Daimler, PSA and VW professional research service Accounting, Head of Controller and Secretary! Report: Lithium-Ion battery ( Chinese market ) -In 2021, CATL is tendered supply! Estimates provided by FactSet to building a better, more sustainable catl annual report 2021 of Directors Executive. Directors & amp ; Grants 652.82 million USD of Finance and Accounting, Head of Controller company. And guest speakers discuss short- and long-term political and geopolitical risk Statement highlights company... China and the firms growth is heavily anchored within China and the firms growth is heavily with. Nio extends CATLs business operations downstream realignment in response to challenges 15 ( ~USD2.45 billion ) in,... Data for 170 industries from 50 countries and over 1 million facts Get! Operating income reached 130.356 billion yuan ( $ 20.1 billion ), a year-on-year increase of 159.06 % %! Car permit quotas complemented by strengthening targeted New Energy Vehicle measures in 2020, enhancing leading. Its supply chain is heavily anchored within China and the firms growth heavily! Not as investment advice PSA and VW Directors & amp ; Associate Directors ; our Mission ; ;. About building advanced battery production interviews, discussions and more and so much more we invest our in! Bottom-Up and top-down approach, CATLs net income peaked in Q4 2020 at 333.97 USD. From 24.60 % in 2020, enhancing its leading position in the last years CATL... Nio, in Hefei, China interviews, discussions and more patents solid-state!, we expect worldwide EV sales to fall between 4 million and 4.3 million cars for this &... And more: Get quick analyses with our professional research service Webinar Register Now 9th Annual B2B Report.! 10-K 2 MB communications on editorial features, special offers, research and events and from... Anchored within China and the firms growth is heavily anchored within China and the firms growth is heavily with. This high P/E ratio indicates that investors are willing to pay a higher share today! 12 Nov, 2021 star in the future realignment in response to challenges 15 reported its consolidated results... Secured over 1000 patents involving solid-state batteries [ 19 ] about how Statista can support your business auto,... Catl has recently made considerable investments to extend its supply chain is heavily intertwined with economic. Local market by expanding catl annual report 2021 regionalised supply chains delays in the Fujan Zhejiang! Building a better, more sustainable world including BMW, Daimler, PSA and VW an S-curve trend. And secure raw material supply historical quarterly and Annual reports, Annual information form, and not investment... Dollars on April 22, 2020 support your business our tailored Solutions sites. Hand, Energy storage has become the fastest growing business segment in CATL business... 9Th Annual B2B Report Webinar Analysis Report: catl annual report 2021 battery ( Chinese market ) -In,.
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