CATL's 2024 Performance Forecast and European Layout Dynamics

2025/01/23
Supply Chain
-
Malaysia
China
CATL expects its revenue in 2024 to be between 356 billion and 366 billion yuan, representing a year - on - year decrease of 11.2% to 8.71%; net profit is expected to be about 49 billion to 53 billion yuan, a year - on - year increase of 11.1% to 20.1%. The company has announced a special dividend plan for 2024, with a cash dividend of 12.3 yuan per 10 shares, totaling 5.397 billion yuan. Co - chairman Pan Jian revealed at the Davos Forum that CATL announced the establishment of a joint power battery factory with Stellantis in Spain last December, and more joint factory projects in Europe are expected to be announced this year. At present, CATL has laid out three battery factories in Europe, located in Germany, Hungary and Spain respectively.
Click original text link for more information
Economic Observer Network
Hot News
Honda CR-V All-round Glory Edition to Officially Launch on Nov 10, Focused on Family-oriented Upgrades
Dongfeng Honda CR-V All-round Glory Edition will officially launch on November 10. As a special annual facelift for the brand's 30th anniversary in China, it offers 5-seat and 7-seat layouts, retaining the proven 1.5T ICE and 2.0L hybrid powertrains, with systematic upgrades to the infotainment and comfort features, further strengthening its competitiveness in the RMB 150,000-200,000 joint-venture family SUV segment.
Kia Unveils Mid-to-long Term Product Roadmap, Multiple Facelift Models and All-new EV7 to Launch Sequentially
Kia has officially released its mid-to-long term product iteration roadmap. The all-new Sportage is scheduled to debut in 2027, the 5th-generation Sorento will enter production in 2028, and the next-generation Carnival will adopt a new 1.6T hybrid system with a hydrogen fuel cell variant launching in 2029. The new EV7, positioned as a pure electric mid-size SUV, will also be advanced simultaneously, covering ICE, hybrid and hydrogen powertrain paths.
Yangwang Altior Makes Global Debut in Abu Dhabi, Shanhe Dingyun Limited Edition Pre-sold at RMB 2.08 Million
On November 7, Yangwang's ultra-luxury executive flagship sedan Altior made its global debut in Abu Dhabi, UAE. Positioned as a full-size 4-seat executive sedan, it is equipped with the e-Platform 4 independent 4-motor system and 2nd-gen Blade Battery, delivering over 1000km CLTC range, and is the first production model carrying BYD's self-developed Xuanji A3 ADAS chip. The Shanhe Dingyun Limited Edition is now open for pre-order with a RMB 300,000 deposit, at a pre-sale price of RMB 2.08 million.
4
All-new Hongqi H9 Officially Opens Pre-orders, Pre-sale Price RMB 329,800-419,800
The all-new Hongqi H9 offers 4 variants with pre-sale price from RMB 329,800 to 419,800, positioned as a mid-large PHEV executive sedan. It is equipped with Huawei Qiankun ADS 5 ADAS and HarmonyOS cockpit, built on 800V high-voltage SiC platform with 275km CLTC pure EV range, featuring standard closed air suspension and 16-degree bidirectional rear-wheel steering.
5
Honda All-new Avancier Official Teaser Images Released, Upgraded to Global 7-seat Hybrid SUV
Honda has released official teaser images of the all-new Avancier. Transformed from a China-exclusive model into a global 7-seat SUV, it is equipped with the new-generation HondaHybrid system, making its global debut at the Thailand Bangkok Auto Show on December 1, with production to be carried out in China and Thailand for global exports.
6
Great Wall ORA 7 Rear Official Images Released, Offering Coupe and Wagon Body Styles
On November 7, Great Wall Motors released the rear official images of its new mid-size BEV ORA 7. The vehicle has completed MIIT homologation, offering coupe and wagon body styles. Powered by Honeycomb Energy LFP battery packs, it delivers a maximum 630km CLTC range, with the dual-motor AWD variant producing 310kW combined power, and an optional roof LiDAR for advanced ADAS.
Copyright © RUNTO TECH LIMITED. All rights reserved.