Chinese EV battery giant CATL posts 33% surge in Q1 profit

Chinese EV battery giant CATL posts 33% surge in Q1 profit

The world's leading maker of electric vehicle batteries, Chinese firm CATL, posted a 32.9 percent jump in first quarter profit, even as demand for electric vehicles slows.

CATL Says New Battery Swap Compatible Models to Arrive Later This Year

CATL, the world’s largest battery maker, published on Monday its first-quarter earnings results, reporting a 33% increase in net profit to 13.963 billion yuan, equivalent to $1.9 billion. Revenue jumped 6.2% to 84.7 billion yuan ($11.5 billion.) Speaking with analysts, the Ningde-based company said the recently announced U.S. tariffs have “little” impact as CATL’s exposure to the market is “quite small.” Commenting on its investment in the batte…

CATL can turn Trump’s tariffs to its advantage

The world’s largest battery maker grew earnings by 33% in the first quarter. It may be on a roll. Levies and security concerns thwarted its US plans, but Washington’s chaotic trade regime and lack of support for electrification give Chinese EV pioneers a sharper edge in Europe.

CATL Posts 33% Growth in Q1 Net Profit, Downplays US Market Impact - YT FINANCE

The world's largest power and energy producer CATL reported a revenue of RMB 84.7 billion for Q1 of 2025, up 6.18% year-on-year, and net profit attributable to shareholders increased by 32.85% to RMB 13.96 billion.

CATL Reports 33% Rise in Q1 Net Income, Gross Margins Improve

Chinese battery giant Contemporary Amperex Technology Co. Ltd (CATL) reported a 32.85% rise in first-quarter net income, supported by improved gross margins and steady revenue growth, despite a quarter-on-quarter decline in both metrics. Net profit for the January-March period reached RMB 13.96 billion ($1.9 billion), exceeding analyst expectations. While earnings rose sharply from the same [...] The post CATL Reports 33% Rise in Q1 Net Income, …

CATL reports 33% year-on-year net income growth in Q1

CATL reported net income of RMB 13.96 billion ($1.9 billion) in the first quarter, up 32.85 percent year-on-year, albeit down 5.30 percent from the fourth quarter of 2024. For details, please visit CnEVPost.