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
Jeep Wrangler Whitecap edition revealed: white-roof CJ tribute with 1941 graphics, US$3,185 premium for Rubicon
Jeep unveiled the Wrangler Whitecap special edition featuring a white roof, grille inserts and 1941 decals honouring the military CJ. Offered on Rubicon and Sahara with 2.0T (274PS) or 3.6L V6, the package adds roughly US$3,185 to the Rubicon base price.
FAW Toyota Sets COROLLA DAY on Dec 21: New Corolla debuts with C-shaped DRLs and EV-style face, pre-book gifts ¥100 parts voucher
FAW Toyota will launch the refreshed Corolla on Dec 21 during its COROLLA DAY carnival. The facelift adopts an EV-inspired front end with C-shaped DRLs and split headlamps, plus a relocated lower grille. Customers who pre-book from Dec 5 receive a ¥100 genuine-parts voucher, while existing owners get complimentary full-vehicle inspections until Dec 31.
Ford Zhiqu Liema Launches Dec 19: Range-EV & BEV SUV with 15.6" Mini-LED, 70" AR-HUD, pre-sale from ¥229.8k
Ford’s mid-size Zhiqu Liema SUV will hit the market on Dec 19, priced ¥229.8-282.8k during pre-sale. Inspired by Bronco Sport but urbanized, both range-extender and BEV versions span 5025 mm on a 2950 mm wheelbase. The minimalist cabin packs a 15.6" 2.5K Mini-LED screen, Snapdragon 8255 SoC, 70" AR-HUD, 21-speaker audio and a 7.5 L climate-controlled fridge, targeting smart off-road and city driving alike.
4
Jetour T2 Malaysia RHD final spec revealed: 2.0T 7DCT 4WD, RM178k pre-price, Q1 2026 launch
The Malaysia-spec RHD Jetour T2 debuts in showrooms: 4,785×2,006×1,875mm, 2,800mm wheelbase, 220mm ground clearance. A 2.0L TGDi delivers 245PS/375Nm via a 7-speed wet DCT and X-Intelligent 4WD. Standard kit includes LED lights, 19" wheels, panoramic roof, 10.25" digital cluster, 15.6" infotainment with wireless CarPlay/Android Auto, Sony 12-speaker audio, powered leather seats with memory and full L2 ADAS. Pre-order at RM178,888 (RM1k booking); initial CBU batch will switch to CKD, with final pricing in Q1 2026.
5
ORA 5 Debuts Dec 16: Retro-styled compact BEV SUV from ¥109.8k, LiDAR & City NOA on top trim
Great Wall’s ORA brand will launch its first SUV, the ORA 5, on the evening of Dec 16. Positioned as a retro-styled compact BEV, it lists five variants priced ¥109.8-142.8k with two range options. Top trim adds LiDAR and city/highway Navigate-on-Autopilot functions.
6
Toyota Urban Cruiser BEV Debuts: 4.3 m city-SUV with 2.7 m wheelbase, C-signature lights and hidden rear handles
Toyota’s entry-level Urban Cruiser BEV rides on a dedicated electric platform, measuring 4285 mm long with a 2700 mm wheelbase—140 mm longer than YARiS Cross. Signature C-shaped DRLs, black roof/body cladding and hidden rear door handles underscore its urban-crossover identity; the charge port sits in the left front fender.
Copyright © RUNTO TECH LIMITED. All rights reserved.