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
Ford Bronco Amazon Limited Edition Launches in China at RMB 399,800; Factory Wading Depth Upgraded to 925mm
Ford has launched the Bronco Amazon Limited Edition in China, priced at RMB 399,800. Positioned within the brand's "Hardcore Off-Road" product tier, the model features a factory-certified snorkel achieving a maximum wading depth of 925 mm, with optimized intake routing and engine bay layout for reliable performance in extreme conditions. The adjustable snorkel cover adapts to both aquatic and sandy environments. Launch incentives include trade-in subsidies up to RMB 15,000, replacement bonuses of RMB 6,000, and RMB 2,000 purchase vouchers.
New AITO M9 to Launch on May 27: Over 140 Tech Upgrades, Pre-Orders Exceed 60,000 Units Starting from RMB 499,800
The new AITO M9 will officially launch on May 27, with pre-orders exceeding 60,000 units within one month of opening at the Beijing Auto Show. The standard variant starts at RMB 499,800, while the Ultimate extended-wheelbase version is priced from RMB 669,800, with over 40% of buyers opting for the latter. Featuring more than 140 innovative tech upgrades, the flagship SUV aims to reinforce its segment leadership. The current-generation M9 has achieved over 280,000 cumulative deliveries as of March 2026.
Hyundai Ioniq 6 N Spotted in Malaysia Ahead of KLIMS 2026 Debut; CBU Pre-Order Price Set at RM460,000
The Hyundai Ioniq 6 N all-electric performance sedan has been spotted in Malaysia ahead of its expected debut at KLIMS 2026. Featuring dual-motor all-wheel drive with 609 PS and 740 Nm (650 PS/750 Nm in N Grin Boost mode), the flagship EV accelerates from 0-100 km/h in 3.2 seconds and reaches a top speed of 357 km/h. Its 84 kWh battery delivers 487 km of WLTP range, supported by 800V architecture enabling 350 kW DC fast charging. The model comes equipped with N Active Sound+, N e-Shift, N Torque Distribution, N Drift Optimiser, and 20-inch wheels with Pirelli P Zero Elect tyres. Local CBU pre-order price is set at RM460,000.
4
Ferrari Unveils First-Ever EV Luce: 1,050 PS Quad-Motor AWD with Jony Ive-Designed Interior
Ferrari has unveiled the Luce, its first-ever fully electric vehicle marking the brand's entry into the EV era. Designed in collaboration with former Apple designer Jony Ive's LoveFrom studio, the Luce adopts a rounded, minimalist aesthetic distinct from Ferrari's traditional sporty design language. The four-door, five-seater measures 5,026 mm long with a 2,961 mm wheelbase. It features a quad-motor AWD system producing 1,050 PS and 990 Nm, achieving 0-100 km/h in 2.5 seconds and a top speed of 310 km/h. The 122 kWh battery delivers 530 km WLTP range with 800V architecture and 350 kW DC fast charging capability.
5
Arcfox Wenda V9 to Launch on May 27: Pre-Sale Price from RMB 219,900 with Huawei Snowy Owl Range-Extender System
The Arcfox Wenda V9 will officially launch on May 27, with four variants pre-priced from RMB 229,900 (RMB 219,900 after subsidies). Built on the Polaris all-digital premium architecture, it features the Huawei Snowy Owl intelligent silent range-extender system, magnetorheological chassis, and Yuanjing full-scenario intelligent driving system. The design follows ARC-FLOW philosophy with a full-width light bar and sliding doors, offered in six colors. The MPV measures 5,300 mm long with a 3,200 mm wheelbase and 360L cargo capacity.
6
Carro Technology to Open Eight Vehicle Inspection Centers Across Malaysia, Ending Puspakom Monopoly
Carro Technology Sdn Bhd is set to launch eight vehicle inspection centers (PPKM) across Malaysia on June 16, marking the end of Puspakom's monopoly in the vehicle inspection sector. The new centers, located in Selangor, Kuala Lumpur, Penang, Johor, and Malacca, will provide officially recognized MV15 inspection services. Operating under Road Transport Department (JPJ) supervision and ISO/IEC 17020:2012 compliance, Carro's inspection fees are aligned with Puspakom's current rates at RM37.80 per service.
Copyright © RUNTO TECH LIMITED. All rights reserved.