CATL's 2024 Performance Forecast and European Layout Dynamics

2025/01/23
Supply Chain
-
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
Chery Tiggo 5 Sport Edition Launched from 70,900 Yuan with Limited-Time Offers
Chery has launched the Tiggo 5 Sport Edition on April 8, offering three variants priced between 79,900-89,900 yuan, with limited-time discounts bringing entry price to 70,900 yuan. The compact SUV measures 4,540/1,835/1,588 mm with a 2,630 mm wheelbase, featuring new split-headlamp design and full-width taillights. Powered by a 1.5L turbo engine, the model offers five color options including purple and blue shades.
Lynk & Co Unveils 900V Energee Golden Brick Battery, Challenging BYD in Ultra-Fast Charging
Lynk & Co has launched the 900V Energee Golden Brick Battery, with tests on the Lynk & Co 10 achieving 10-70% charge in 4 minutes 22 seconds and peak charging power of 1,100 kW. While outperforming BYD's Blade 2.0 battery, the test relied on Zeekr's V4 megawatt charging pile without mass rollout timeline. BYD has installed 5,000 megawatt Flash Charging stations, targeting 20,000 by end-2026.
Hyper S600 Set for April 10 Debut as Mid-to-Large Five-Seat SUV
The Hyper S600 will debut on April 10 as a mid-to-large five-seat SUV, offering both BEV and EREV powertrains. Measuring 5,015/1,933/1,700 mm with a 2,936 mm wheelbase, the coupe-SUV features split LED headlights, full-width taillights and roof-mounted LiDAR. Interior highlights include a large floating center screen and diamond-patterned seats.
4
Changan Eado Blue Whale Super Engine Rolls Off Line as 200,000th Unit Milestone
The Changan Eado Blue Whale Super Engine has rolled off the production line, marking the 200,000th unit milestone for the Eado series. As the brand's first sedan equipped with the Blue Whale Super Engine hybrid system, it achieves 2.98L/100km urban fuel consumption. Featuring a borderless grille with horizontal chrome bars and dual L-shaped DRLs, the compact sedan will debut at Auto China Beijing on April 24.
5
Roewe M7 DMH Dark Horse Edition Unveiled with Bespoke Design by Jozef Kabaň
Roewe has unveiled the M7 DMH Dark Horse Edition, featuring bespoke design by former Rolls-Royce design director Jozef Kabaň. The special edition adopts exclusive custom blue-black paint with blacked-out grille, body kit, side skirts and window trim, plus 18-inch multi-spoke dark alloy wheels. Powertrain remains the DMH 6.0 hybrid system with 1.5L dedicated hybrid engine and 137 kW electric motor, delivering 160 km CLTC electric range.
6
2026 Toyota GR YARIS Launched in China Priced at 402,800 Yuan
The 2026 Toyota GR YARIS has officially launched in China with a single variant priced at 402,800 yuan. Upgrades include a new GR steering wheel with reduced diameter and optimized grip shape for enhanced handling, plus revised EPS calibration with improved torsion bar rigidity and software control for high-load cornering. Models equipped with the optional vertical handbrake now feature standard heated steering wheel and seats.
Copyright © RUNTO TECH LIMITED. All rights reserved.