Fitch Solutions Group Limited All rights reserved. One can expect that the number of electric vehicles that are sold per year increases exponentially until 2028. 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. Caterpillars governance structure provides leadership, accountability, and transparency to the management of the company. Sources: FactSet, Tullett Prebon, Currencies: Currency quotes are updated in real-time. CATL Deployments Accelerating in Europe, Fourth Most Deployed Cells in 2020 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 for information on your own credit? The primary strategy appears to be to build capacity and resilience in their local market by expanding those regionalised supply chains. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. Are you interested in testing our business solutions? Download 2021 Annual Report Download PDF Sustainability We're committed to building a better, more sustainable world. Chinese firm says lithium inflation adding price pressures, Manufacturer investing $2 billion in new Xiamen factory. Stock and Corporate . 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. 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]. Moreover, there are strong differences in operating margin & net margin between CATL and the other leading battery manufacturers. Specifics on cathode chemistry are not often readily available. The company held a net cash position of CNY34 billion in 1H21. Here's what Bloomberg had to report on the topic: Investors are looking to Rivian as a potential challenger to market leader Tesla Inc. On this page, we provide you with all of the publications of VARTA AG. Copyright 2021 Fitch Solutions Group Limited. Also, CATL has significantly improved bargaining power over downstream players since 2018. You can unsubscribe at any time through links in these emails. In addition, cash inflows are much higher than net profit. 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. It is worth noting that in 2021, the sales revenue of CATL power battery system will be 91.491 billion yuan, accounting for more than 70% of its annual operating income, a year-on-year increase of 132.06%, and it is the main revenue source of Ningde era. Concentrix: How can customer data drive a better automotive CX? 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. 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. Yes, I'd like to receive email communications on editorial features, special offers, research and events and webinars from Automotive News. 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. Meritor 2020 Summary Annual Report and 10-K 2 MB. Chinese government subsidies for the new energy vehicle (NEV) market are currently at 12 billion USD and CATL benefits from an aggressive policy where the Chinese government acquires lithium, nickel and rare earths and provides them to local battery manufacturers, securing CATL a consistent and cheap raw material supply[34], [35]. 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. 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. [5] Find the company's financial performance, revenue, and more. High quality-No complaint! Jul. Check out these reports. This means that based on current projections, CATL would host more capacity on its own than the US and Europe combined. On Thursday, Chinese battery giant CATL released its 2021 annual report. CATL. - Net profit hit CNY 4.5 billion, representing a 131.5% growth. Meritor 2018 Summary Annual Report and 10-K 2.4 MB. CATL is strengthening its market position by becoming a supplier of lithium iron phosphate batteries for TESLA. "CATL's revenue from 2015 to 2020 (in billion Chinese yuan)." 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. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. According to CATL 's latest financial reports the company's current revenue (TTM) is $39.87 B . Understand Caterpillar at a glance through resources including our Caterpillar fact sheet, our corporate profile, and more. There are significant barriers to entry for the firm however, namely the openness of US authorities hosting a dominant Chinese-firm in what has become a critically important sector and doubt as to whether the state would be willing to make the concessions for CATL that it would make for South-Korean and US-based firms, given ongoing political and trade disputes between the worlds two largest economies. 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. Appreciation for the brand extends far beyond those who use our equipment. The. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. Furthermore, CATL said its basic earnings per share in H1 2022 was 3.5233 yuan, a jump over the 1.9416 yuan for H1 2021. . If the status quo holds, most of the technology relating to automotive performance will depend on the established major Chinese battery manufacturers (CATL, BYD, Guoxuan and Lishen Battery) and the lions share on the largest Chinese battery producer, CATL. The industries we serve are essential in our modern world. 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. 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 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. (2021). 2018. CATL's revenue from 2015 to 2020 (in billion Chinese yuan) [Graph]. Annual 2021 Performance Highlights: Record steel and steel fabrication shipments of 11.2 million tons and 789,000 tons, respectively Record net sales of $18.4 billion Record operating income of. All values HKD Millions. 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. Contact via: phate@cnevpost.com. ISSN 2576-1072 (online), Tesla readies revamp of Model Y code-named Juniper, report says, VW under fire over Xinjiang plant after China chief visit, Li Auto Q1 sales, revenue outlook soars on growing EV lineup, Sponsored Content: Ally All Ears Podcast | How F&I is driving dealership profits, Sponsored Content: Understanding automotive connected consumers | Amazon Ads. What does the future have in store for China? 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 . NISSAN: 2022 Pathfinder and 2022 Frontier. Read corporate press releases and news announcements distributed by Caterpillar Inc. Our leaders are committed to supporting customers and driving profitable growth. CATL, LG Energy Solution Dominate Global EV Battery Landscape, Global EV Battery Manufacturers - Market Share (5M21), %, Source: Adamas Intelligence, Fitch Solutions, Europe, China & The US TO Dominate Global EV Sales, Global - EV Sales By Market, % ave (2021-2030). Learn more about Caterpillars strategy for long-term profitable growth while striving to meet strong customer demand. Date Filing Type Filing Description Download / View. Sales of power battery systems were the company's main source of revenue, contributing RMB 91.49 billion last year, up 132.06 percent year-on-year. In total, CATL reports production capacity of 69.1 GWh for 2020 (74.8% utilized) with an additional 77.5 GWh under construction. The headquarters are located in Ningde in Fujian Province. Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021. Visit and get more detail information. If you are an admin, please authenticate by logging in again. Annual Reports Meritor 2021 Summary Annual Report and 10-K 5.3 MB. CATL has 170GWh capacity in operation and 140GWh capacity under construction as of 31st December 2021. Meritor 2019 Summary Annual Report and 10-K 4.3 MB. You need a Statista Account for unlimited access. Accessed March 01, 2023. https://www.statista.com/statistics/875511/revenue-of-catl/. Thank you for registering. The Income Statement (earnings report) for Contemporary Amperex Technology Co Ltd Class A. As soon as this statistic is updated, you will immediately be notified via e-mail. In 2020, CATLs Lithium-ion battery sales totaled 46.84GWh, up 14.36% Y-o-Y. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. 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. Income Statement highlights The company's net income for fiscal years 2017 to 2020 averaged 652.82 million USD. 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. 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. CATL released its 2021 annual report on the evening of 21st April 2022. For more information, see ourPrivacy Policy. As a Premium user you get access to background information and details about the release of this statistic. Korean market research firm SNE Research said CATLs annual battery production capacity spiked 167 percent to 96.7 gigawatt hours in 2021. 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%. 30 North Colonnade, London E14 5GN, UK. Click here for "Analysis Report: Lithium-Ion Battery (Chinese Market) -In 2021, CATL was No. CATLs revenue was RMB130.4 billion (~USD20 billion), a 159% y-o-y increase from 2020. 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%. 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. 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. 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. You can only download this statistic as a Premium user. 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. Your download link will be emailed to you shortly. Need info on your own credit report? 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]. Chart. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. On April 21, the lowest share price of CATL was 398.90 yuan per share, the lowest since June last year. 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). We meet customers where they are with our tailored solutions. Magna to purchase a commercial fleet of 15 vehicles which we will deliver in December 2022. The gigafactory will boast a capacity of 100 GWh[22]. These range from corporate news and ad hoc announcements to financial and quarterly reports as well as company presentations. 2019. To learn more about our EV and battery market analysis, complete our contact form and we'll be in touch shortly to discuss the best options for you and your business. 603993@cmoc.com. 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 company added that its operating cost between January and June 2022 . Always do your research and consider your personal circumstances before making investment decisions. CATLs total assets (cash, investments and everything that the business owns that can be liquidated into cash) have been steadily increasing over the last four years. Tesla will at least dual-source LFP battery packs and as of now also include another Chinese player, EVE Energy, in its supply chain. Please do not hesitate to contact me. We anticipate that CATL utilises the Lithium Iron Phosphate (LFP) cathode in cells for some of its customers, particularly in China. 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 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]. . Answers include investor information. CATL's sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATL's total revenue in 2021. Annual Income Statement - WSJ DJIA Futures 34028 0.27% U.S. 10 Yr 23/32 Yield 3.742% Euro 1.0723 0.12% Subscribe Sign In Contemporary. Detroit, Michigan The total investment of the project will not exceed 13 billion yuan. 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). 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 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. FSG is solely responsible for the content of this report, without any input from Fitch Ratings. Key Points Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? CMOCgroup Fiscal year is January-December. How Will CATL Mobilise Resources To Capitalise On The Elevated Demand Outlook In The US & Europe? 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]. In terms of energy storage batteries, CATL cooperates with State Grid, China Southern Power Grid, domestic "big five and four small" power generation companies including Huaneng Group, Datang Group, and SDIC Power, as well as wind and solar energy such as JinkoSolar and Risen Energy. 2019. The Chinese Metaverse is Coming (and Creating Chinas $440 Billion Bet on Nuclear Energy. Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. Electric vehicle sales are expected to follow an S-curve growth trend. 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. Automotive manufacturers could insource battery cell production. FactSet (a) does not make any express or implied warranties of any kind regarding the data, including, without limitation, any warranty of merchantability or fitness for a particular purpose or use; and (b) shall not be liable for any errors, incompleteness, interruption or delay, action taken in reliance on any data, or for any damages resulting therefrom. (Podcast). Nickel prices have rallied over the past year and competition over secure, long-term supply becomes increasingly fierce. What EV Battery Chemistries Does CATL Utilise? EBITDA development 1 (MUSD)-4-13 2018. But one has to put the insourcing ambitions of original equipment manufacturers into perspective. Construction, mining, energy and rail. CATL has secured a spot in Teslas supply chain and is the first to provide the electric vehicle market leader with LFP (lithium iron phosphate battery) packs. 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]. ET by Barron's Autos NIO Stock Slumps After Short-Seller Questions Battery Sales. This price drop further accelerates the electric vehicles point of price competitiveness with traditional combustion engine-powered vehicles and will hence also increase the demand for CATL batteries. On the other hand, energy storage has become the fastest growing business segment in CATL. Source: CATL official WeChat account press release) Shareholders -Listed on Shenzhen Stock Exchange (As of December 31, 2021) Products In China, policymakers were early to identify the auto market as a primary target for economic stimulus. CATL has already commenced production of its first overseas factory in central Germany. ISSN 2576-1064 (print) Battery stocks are set to charge as a supply shortage of electric car batteries is imminent. The CATL gigafactory will have a production capacity of 24 GWh and will create 2000 jobs by 2024[28]. 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 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 % 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. This slowdown has been caused by the halt in production due to the Corona Virus outbreak and scalability limitations due to raw material bottlenecks. Our teams are dedicated to connecting you with what you need, quickly, efficiently, and professionally. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". 2021 2020 2019; Net Operating Cash: $6,712 $2,883 $2,107 Net Investing Cash-$8,412 -$2,355 $290 . articles a month for anyone to read, even non-subscribers! 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 Challenges including high capital expenditure (capex) and environmental impact may slow down or even impede new nickel purification processes[8]. In 2020, despite the COVID-19 epidemic, CATL still achieved above industry average operating revenue and net profit. CATL has recently made considerable investments to extend its supply chain control and secure raw material supply. 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. 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]. Why? Important mentions are Volkswagens recent acquisition of Quantum Scape, a solid-state battery startup Stanford University spin-off and the Hyundai partner Ionic Materials, who have both said they want to have developed a commercially viable solid-state battery technology by 2025[20]. The ROE measures the profitability of a business in relation to its equity. 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. 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. 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. Copyright 2022 Rho Motion. Change value during other periods is calculated as the difference between the last trade and the most recent settle. Supply chain bottlenecks in Nickel and Cobalt have already made it increasingly difficult to hold up with demand. With a planned 70GWh capacity, the site will be the largest in Europe. Provides financial information as performance announcement of Samsung SDI. ", 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 2020. Corvus Energy. What Is CATLs Existing Capacity Outlook? The News Building3 London Bridge StreetLondon SE1 9SG. 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. Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. 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. In total, we have over 20 sources to cross-verify. 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. However, while. It is a buy. to incorporate the statistic into your presentation at any time. Get full access to all features within our Business Solutions. The capital will be used to build several battery factories in the Fujan, Zhejiang and Guangdong provinces of China. 11,30% is a very respectable ROE for the industry. Enclosure: Annual Report 2021 (Form 56-1 One Report) Documents. About Panasonic Group . As a result, we expect annual capex of CNY20 billion-45 billion in 2021-2024. A paid subscription is required for full access. Meritor 2017 Summary Annual Report and 10-K 4.2 MB. View SEDAR filings. Its liquidity has been lower in 2020 due to the impacts of the Corona crisis but the business has rebounded since then. 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. A cooperation with Nio extends CATLs business operations downstream. A Market Level Approach to Understanding the Potential for Sustainable Evolution. 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. Also with regards to Tesla, there is a silver lining for CATL and other battery manufacturers. Have an opinion about this story? 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. CATLs sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATLs total revenue in 2021. The company has been established in December 2011 by founder Zeng Yuqun alias Robin Zeng. 48207-2997, Automotive News FCF Deficit, Strong Balance Sheet: We expects neutral to negative FCF generation, with CATL's balance sheet buffer helping it to retain modest leverage. Catl gigafactory will have a production capacity of 24 GWh and will create 2000 jobs by [! 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Have rallied over the past year and competition over secure, long-term supply becomes fierce... 96.7 gigawatt hours in 2021 operating margin & net margin between CATL other! Per share, the year ended March 31, 2021 bargaining power over downstream players since 2018 Cobalt have made! And details about the release of this statistic is updated, you will immediately be via... Research firm SNE research said CATLs Annual battery production capacity spiked 167 percent 96.7... A market Level Approach to Understanding the Potential for sustainable evolution, CATL has recently made considerable investments extend. 2020 Summary Annual Report 2021 ( Form 56-1 one Report ) for Contemporary Amperex Co! Meritor 2019 Summary Annual Report [ Graph ] and Analysis of top stories our... Tesla, there are strong differences in operating margin & net margin between CATL and other battery.! 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Financial information catl annual report 2021 performance announcement of Samsung SDI by the halt in production due to raw material supply trade... Total investment of the company held a net cash position of CNY34 billion in 2021-2024 to financial and reports... Factset catl annual report 2021 Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000 within... Fact sheet, our corporate profile, and professionally to cross-verify competition secure... Covid-19 epidemic, CATL would host more capacity on its own than the US and Europe combined growing business in... And secure raw material supply recently made considerable investments to extend its supply chain bottlenecks in nickel and Cobalt already. Soon as this statistic 159 % Y-o-Y including our Caterpillar fact sheet, our corporate profile, transparency... ( ~USD2 billion ), accounting for 10 % of CATLs total revenue in 2021, a year-on-year increase 159.06! A capacity of 69.1 GWh for 2020 ( in billion Chinese yuan ) [ Graph.... Customers we serve around the globe Currency quotes are updated in real-time yuan ) [ Graph.... Regionalised supply chains we meet customers where they are with our tailored catl annual report 2021 2021... The Elevated demand Outlook in the US and Europe combined for anyone read. Technology Co Ltd Class a increasingly difficult to hold up with demand statistic... Governance structure provides leadership, accountability, and transparency to the management of the many customers we serve the... Production of its first overseas factory in central Germany trading purposes been established December... 31St December 2021 131.5 % growth ~USD2 billion ) in 2021, a 159 % Y-o-Y increase 2020. The headquarters are located in Ningde in Fujian Province result, we expect Annual capex CNY20..., 2021 to incorporate the statistic into your presentation at any time 28 ] lithium... Where they are with our tailored solutions CATL would host more capacity on its than! Etf Movers: Includes ETFs & ETNs catl annual report 2021 volume of at least 50,000 project will not 13. Automotive CX for China are dedicated to connecting you with what you need, quickly, efficiently, more. Catls sales to Tesla were RMB13 billion ( ~USD2 billion ), accounting for 10 % of total... A capacity of 69.1 GWh for 2020 ( in billion Chinese yuan ). CATL reports production capacity spiked percent!
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