The deal also reduces Tesla’s reliance on Chinese suppliers. LGES will produce the LFP cells at its factory in Michigan, says ...

The world’s largest electric vehicle battery maker saw its net profit reach US$2.3 billion in the second quarter.

CATL’s gross profit margin improved sequentially to 25.6% in the second quarter, beating Bloomberg estimates of 24.9% and market expectations of 25.1%, thanks to better cost controls.

Tariffs have added to the uncertainties facing Chinese suppliers like CATL, which is providing technology for Ford to use at ...

The world’s largest electric vehicle battery maker saw its net profit reach US$2.3 billion in the second quarter.

CATL reports it has so far built 400 battery swap stations for passenger EVs in China. It believes it is well on the way to ...

China's Contemporary Amperex Technology reported a 33% rise in first-half net profit thanks to strong demand for electric-vehicle batteries. Net profit was 30.51 billion yuan, equivalent to $4.24 ...

Chinese electric vehicle battery giant CATL's net profit growth picked up in the second quarter, even as it came under ...

Contemporary Amperex Technology Co. Ltd.’s Hong Kong-listed shares have become a favored short target amid the stock’s rally, even as borrowing costs jump.

The Chinese company, formally Contemporary Amperex Technology Co. Ltd., posted a record-high 30.4 billion yuan ($4.22 billion) net profit in January-June earnings out Wednesday. Revenue grew 17% in ...

Bernstein's Neil Beveridge assesses CATL's latest earnings, and how the battery-maker is affected by macro factors like the ...

CATL shares rose after the Chinese electric-vehicle battery giant guided for a better-than-expected jump in 2023 profit, helped by global demand for EVs, power batteries and energy storage.