catl annual report 2021

Enclosure 1. 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 % Secretary of Agriculture Designate Seth Meyer Agricultural Statistics Board Chairperson Joseph L. Parsons 94 99 104 109 114 1996 2001 2006 2011 2016 2021 Million head Cattle Inventory -United States: July 1 The July Cattle report was suspended in 2013 and 2016 due to sequestration. The company held a net cash position of CNY34 billion in 1H21. We disclose our all sources as we are committed to full transparency. 18, 2022 at 8:34 a.m. 30 North Colonnade, London E14 5GN, UK. CATLs revenue was RMB130.4 billion (~USD20 billion), a 159% y-o-y increase from 2020. Panasonic Holdings Corporation. NIO's move is aimed at reducing its reliance on suppliers such as CATL . Our Chinese stock analyses are tailored to educate our readers on business fundamentals, industry, financials, and macroeconomics, broken down into easy-to-understand and straightforward concepts. Heres the next step in their evolution, Champ: The history of titling and the cost of human error. The company has great future potential as worldwide battery demand is increasing at an exponential rate and it is well-positioned within the supply chain network of major global car manufacturers. Corvus Energy. In, Website (Gasgoo China Automotive News). 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. Cat hats, boots, shoes, bags, models, phones, watches and so much more. In 2020, despite the COVID-19 epidemic, CATL still achieved above industry average operating revenue and net profit. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). "CATL's revenue from 2015 to 2020 (in billion Chinese yuan)." Shareholders' Meeting. Meritor 2017 Summary Annual Report and 10-K 4.2 MB. Global outlook on electricity generation 2020-2050, by energy source, Biggest planned green hydrogen projects globally August 2021, Global pumped storage capacity 2021, by leading country, Cumulative global energy storage deployment 2013-2030. Highlights from a week-long virtual event bringing Bloomberg Businessweek magazine to life. Q3 2022 operating results consistent with company expectations; full-year total spending guidance at the low end of the $715 million to $790 million range. Toyota has secured over 1000 patents involving solid-state batteries[19]. Are you interested in testing our business solutions? 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Magna to purchase a commercial fleet of 15 vehicles which we will deliver in December 2022. One Chinese yuan was approximately equal to 0.141157 U.S. dollars on April 22, 2020. However, the gross profit margin of the power battery system was 22.00%, a decrease of 4.56 percentage points from the same period last year. This report was approved on July 23, 2021. The CATL gigafactory will have a production capacity of 24 GWh and will create 2000 jobs by 2024[28]. Car Wars: Is a Rise in Service Leading to Poor Customer Satisfaction? In 2020, CATLs Lithium-ion battery sales totaled 46.84GWh, up 14.36% Y-o-Y. The total investment of the project will not exceed 13 billion yuan. [Online]. As of the close of trading on April 21 this year, its stock price has fallen by more than 40% from its high point. Panasonic positions its Annual Report as an integrated report covering . What is happening in China is more important for the EV market growth prospects than what is happening in Europe or America. Copyright 2022 Rho Motion. Insight and analysis of top stories from our award winning magazine "Bloomberg Businessweek". Cross-sections of electric vehicle batteries are displayed in the welcome center at the Contemporary Amperex Technology Co. headquarters building in Ningde, Fujian province, China. 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. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. 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. Discover how we canmeet your requirements. ISSN 2576-1064 (print) In-depth ResearchWe invest our time in peer-reviewing all articles from a bottom-up and top-down approach. Details of Directors, Executive, Controlling Person, Person in charge of Finance and Accounting, Head of Controller and Company Secretary . 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. In comparison, the European Unions existing policies and regulations are being maintained and countries like France and Germany announced increased support measures towards electric vehicles for 2020 and beyond[5]. CATL was trailed by LG Chemical and Panasonic, which boosted their annual battery capacity by 20 percent and 12 percent to 60.2 GWh and 36.1 GWh, respectively, by the end of last year. CATL's sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATL's total revenue in 2021. In the past years the concept of the metaverse has become increasingly prevalent. The firm enjoys strong improvements in turnover ratio, rapid growth in cash on hand, and a healthy asset structure. The advent of solid-state batteries would cut the recharging time for electric vehicles by two-thirds to circa 10 minutes and would extend the driving distance of a compact electric vehicle while maintaining legroom[15], [16]. You can unsubscribe at any time through links in these emails. Annual report 2020. Appreciation for the brand extends far beyond those who use our equipment. 2020-21 Annual Report The annual report contains information about the Programs and Services offered by the CATL team during 2020-2021, organized according to CATL's Objectives. Visit and get more detail information. Finding a cost-effective and efficient solid-state battery for electric vehicles could prove equivalent to finding the golden fleece in Greek mythology. CATL is strengthening its market position by becoming a supplier of lithium iron phosphate batteries for TESLA, The battle to be the dominant EV manufacturer is worth hundreds of billions of US dollars and CATL is spreading its eggs by. Jul. 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. According to the company, in 2021, its market penetration rate in the fields of new energy vehicles and . Fiscal year is January-December. The. (April 28, 2021). Haig Partners: Dealership consolidation trends, Haig Partners: Dealership valuation trends, Haig Partners: Dealership succession planning, Ally: Navigating the future of automotive retailing, Google: How a century-old brand is transforming the auto industry. 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 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: 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. The Chinese battery cell manufacturer CATL has started production at its largest plant to date in Fuding near Ningde in Fujian province, which is to offer an annual capacity of 120 GWh when completed. Answers include investor information. Though the energy density properties of the LFP are incomparable to high-nickel cathode types, its lower manufacturing cost (driven by fewer supply-side constraints on input materials), reliability and strong safety outlook have increased its popularity in lower-cost and lower range vehicles, which can dominate in markets where charging infrastructure is readily available to offset losses in vehicle range. Copyright 2021 Fitch Solutions Group Limited. 22.6% . The Panasonic share price had been hit hard after Elon Musk said in September 2020 that Tesla would bring in-house the manufacturing of bigger lithium-ion battery cells[21]. The figures for 2016 through 2017 were taken from this article released in June 2018. Copyright 2023 Fitch Solutions, Inc., Fitch Ratings, Inc. and their subsidiaries, account for an annualised average of 26.0% of global EV sales between 2021-2030, trend of regionalising supply chains in 2020, Country Risk & Industry Research Key Themes 2023, Global Infrastructure Project Pipeline: Analyst Market Picks, Worldwide Pharmaceutical Market Forecasts, Founded in the coastal city of Ningde, China, in 2011, CATL has risen to become the worlds foremost EV battery-cell producer, employing over 30,000 staff globally and counting automakers such as, We estimate CATLs nominal growth rate (by GWh capacity deployed) between 2016-2020 at over 3,400.0%, more than double that of its closest competitor, South Koreas. Meritor 2019 Summary Annual Report and 10-K 4.3 MB. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. Delphi Automotive PLC is a high-technology company that integrates safer, greener and more connected solutions for the automotive sector. 300750.CN | Contemporary Amperex Technology Co. Ltd. All rights reserved. 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. 2021 2020 2019; Net Operating Cash: $6,712 $2,883 $2,107 Net Investing Cash-$8,412 -$2,355 $290 . 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. Meet some of our key peopleand explore our credentials. The net profit rose by 185% y-o-y to RMB15.9 billion (~USD2.45 billion). ChineseAlpha is not liable for any losses that may arise from relying on information provided. "We remain committed to our strategy for long-term profitable growth, which is yielding strong results, and to living our Values in Action. What Is CATLs Existing Capacity Outlook? In total, we have over 20 sources to cross-verify. 10,000+ Employees. Our latest articles and views onindustries, regions, and topics. In 2020, CATL's revenue totaled around 50 billion Chinese yuan. Chinese firm says lithium inflation adding price pressures, Manufacturer investing $2 billion in new Xiamen factory. 2018. Subsequently, the stock price of Ningde era corrected. Chart. In August 2021, the Shenzhen listed (SZSE) battery-cell producer announced that it was planning a USD9.0bn private share placement to fund six projects aimed at boosting its LiB production capacity. Its unrestricted cash and cash equivalents to short-term borrowings have a ratio of 8 to 1. CATL Annual Report, 2020-2021; CATL Annual Report, 2019-2020; CATL Annual Report, 2018-2019; CATL Annual Report, 2017-2018; CATL Annual Report, 2016-2017; Center for the Advancement of Teaching & Learning; About Us. The battery pack price is continuing to fall as economies of scale, scope and learning come into play. This report provides an in-depth analysis of the global fundus camera market, market size (US$ Million), and compound annual growth rate (CAGR%) for the forecast period (2022-2030), considering . On Thursday, Chinese battery giant CATL released its 2021 annual report. What EV Battery Chemistries Does CATL Utilise? 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. Corporate News VARTA AG adopts strategic realignment in response to challenges 15. The move towards LFP batteries will on the one hand decrease Teslas supply chain risk as LFP batteries do not require any bottleneck resources (nickel and cobalt) and on the other hand increase the number of Teslas sourcing channels overall. This year's Annual Report is published in a series of two parts to provide up-to-date information. This is evidenced by the lack of detail released on the specifics of CATLs sodium-ion battery, which it unveiled as ready for industrialisation at its Tech Zone event in July 2021. What does the future have in store for China? CATL has strong liquidity. FUZHOU - Contemporary Amperex Technology Co Ltd (CATL), China's largest automotive lithium-ion battery maker, posted strong profit growth in 2020 despite the COVID-19 pandemic. On Thursday, Chinese battery giant CATL released its 2021 annual report. Relative to the global market, CATLs capacity (measured in GWh) is rivalled only by South Koreas LG Energy Solution. This slowdown has been caused by the halt in production due to the Corona Virus outbreak and scalability limitations due to raw material bottlenecks. These range from corporate news and ad hoc announcements to financial and quarterly reports as well as company presentations. Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. Tesla will at least dual-source LFP battery packs and as of now also include another Chinese player, EVE Energy, in its supply chain. CATL , the world's largest electric vehicle (EV) battery manufacturer, reported a 23.6% drop in the first quarter profit on Friday, its first fall in two years, as it battles soaring raw material . Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. Please select at least one newsletter to subscribe. CATL, whose clients also include Volkswagen (VOWG_p.DE), General Motors (GM.N), BMW (BMWG.DE) and Daimler (DAIGn.DE) as well as Chinese. A Market Level Approach to Understanding the Potential for Sustainable Evolution. CATL also researches the solid-state battery chemistry, but if there will be a breakthrough it is not clear which company and which country will be leading the next battery revolution. 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. Annual report 2020. CATL has recently made considerable investments to extend its supply chain control and secure raw material supply. Visit website. Supply chain bottlenecks in Nickel and Cobalt have already made it increasingly difficult to hold up with demand. CATL has taken the steps to adjust to European policies and from 2022, lithium-ion batteries set for the European market are to be manufactured at the 23-hectare site of the insolvent photovoltaics manufacturer Solarworld. Thank you. Advanced automatic production line! Osaka, Japan - On January 19, 2022, Panasonic Corporation published the second part of its "Annual Report 2021" to complete the first part published in September 2021. An all-time low of oil prices is on the horizon. Annual Securities Report, etc. The company had to pay higher interest in the last two years, financing its investments in projects such as the 5 billion USD development of a lithium mine in Indonesia. Tesla will be manufacturing battery cells along with electric vehicles at its planned German factory in Grnheide near Berlin. Concentrix: How can customer data drive a better automotive CX? Keith Bradsher/The New York. CATL has historically controlled and is continuing to control the Chinese battery manufacturing market as it fulfills the lion share of the Chinese battery demand. There are big jobs to be done worldwide, and that work is powered by our people. Corporate Governance. Source: FactSet, Indexes: Index quotes may be real-time or delayed as per exchange requirements; refer to time stamps for information on any delays. In 2021 the company made a revenue of $20.24 B an increase over the years 2020 revenue that were of $7.40 B .The revenue is the total amount of income that a company generates by the sale of goods or services. CATL Might Build a Factory in Mexico, Report Says. When it comes to Europe, CATLs main concern is local politics that incentivize near-sourcing and especially the automotive industry in Germany is home to several of CATLs key customers. Sales of power battery systems are the company's main source of revenue, contributing RMB 91.49 billion last year, up 132.06 percent year-on-year. The Fuding plant is CATL's largest single project to date. As a Premium user you get access to background information and details about the release of this statistic. Year 2021 Semi Annual - Annual Download: Year 2020 Semi Annual - Annual Download: Year 2019 Semi Annual - Annual Download: Year 2018 Semi Annual - Annual . Moreover, the firm has continued to collect more cash from customers than it has spent on expenses throughout the last years. Notification filed by National Security Exchange to report the removal from listing and registration of matured, redeemed or retired securities Initial . This cooperation with Apple offers great potential for CATL to secure future growth and integrate themselves long term within the US market[11]. Understand Caterpillar at a glance through resources including our Caterpillar fact sheet, our corporate profile, and more. According to Bloomberg, this number is going to increase to 58% by 2040[3], [4]. In 2020, CATL's Lithium-ion battery sales totaled 46.84GWh, up 14.36% Y-o-Y. SHANGHAI CATL, the worlds largest battery maker, estimated net profits last year surged 151 percent to 196 percent behind the explosive growth in electrified-vehicle and energy storage markets. (Podcast). 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. In the last years, CATLs cash flow has fully covered capex. Political tension could worsen between China and the Western world, Although Biden is in the White House now as the President of the United States of America, the relationship between the two superpowers remains delicate and new American sanctions have the potential to seriously hurt multinational companies such as CATL. The electric vehicle battery market is moderately fragmented. Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers. However, while. 2020. 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. Thank you for registering. 2021 2020 2019 2018 2017 5-year trend; Sales/Revenue: 256,840: 173,547: 143,075: 151,502: 120,596 CATL's revenue from 2015 to 2020 (in billion Chinese yuan) [Graph]. In addition to that, the firm makes a strong investment in research and development and the company is at the forefront of improving MNC battery chemistries and architecture. Statista. Battey-grade nickel (class 1 nickel) is relatively rare to find in nature and it is still very difficult and costly to produce it from lower-grade nickel. 2019. Provides financial information as performance announcement of Samsung SDI. 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. The sales numbers will portray a steady % growth increase over the next years until market saturation effects take effect from 2028 onwards that moderate the year-to-year growth rate increase. [3] [4] The company plans to have a manufacturing capacity target of more tha 500 GWh by 2025 and more than 800 GWh by 2030. Visit and get more detail information. The central government encouraged cities to relax car permit quotas complemented by strengthening targeted New Energy Vehicle measures in 2020. 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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]. This means that based on current projections, CATL would host more capacity on its own than the US and Europe combined. 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. As of the close on April 21, the share price of CATL was reported at 409.11 yuan per share, a slight increase of 0.52%, and the total market value was 953.575 billion yuan. Click here for "Analysis Report: Lithium-Ion Battery (Chinese Market) -In 2021, CATL was No. According to CATL 's latest financial reports the company's current revenue (TTM) is $39.87 B . Find the company's financial performance, revenue, and more. Market research suggests that around 30% of global passenger vehicle sales will be electric vehicles by 2030. 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. FSG is solely responsible for the content of this report, without any input from Fitch Ratings. Available: https://www.statista.com/statistics/875511/revenue-of-catl/, Available to download in PNG, PDF, XLS format, Forecast global electricity generation 2015-2050, Global investment in power generation 2017-2021, Global residential energy storage deployment 2020, by region, Power system flexibility capacity share worldwide 2021, by source, Capacity of lithium-ion batteries entering the market worldwide 2020-2030, Pumped hydro storage market value worldwide 2021-2028, Global battery energy storage market value 2021-2026, Thermal energy storage market value worldwide 2020-2026, Hydrogen energy storage market value worldwide 2021-2030, Global pure pumped storage capacity 2010-2021, Global electricity capacity from battery storage 2020-2050, Global thermal energy storage capacity 2019-2030, Global electrolyzer manufacturing capacity estimates 2022-2027, Global LDES cumulative installed capacity 2025-2040, Global investment in energy storage 2020, by region, Global grid battery storage investments 2015-2021, Global investment in long duration energy storage 2018-2021, Panasonic's sales revenue in Malaysia FY 2013-2022, PMMA's shareholder funds return rate FY 2015-2022, PMMA's gross dividends paid Malaysia FY 2015-2022, Panasonic's sales revenue China 2012-2016, PMMA's net dividends paid Malaysia FY 2015-2022, Market estimates for lithium-ion battery market 2020, PMMA's export revenue Malaysia FY 2015-2022, Predicted costs of lithium-ion batteries in PHEV by element 2012-2016, Panasonic's profit after tax in Malaysia FY 2013-2022, PMMA's earnings per share Malaysia FY 2015-2022, Panasonic's total assets in Malaysia FY 2013-2022, Lithium battert production cost structure 2015, Automotive lithium ion battery cell suppliers: global market share 2017, CATL's revenue from 2015 to 2020 (in billion Chinese yuan), Find your information in our database containing over 20,000 reports. We use cookies and browser capability checks to help us deliver our online services, including to learn if you enabled Flash for video or ad blocking. In total, we have over 20 sources to cross-verify. CATLs upstream supply chain is heavily anchored within China and the firms growth is heavily intertwined with Chinas economic development. The company added that its operating cost between January and June 2022 . This report from Fitch Solutions Country Risk & Industry Research is a product of Fitch Solutions Group Ltd, UK Company registration number 08789939 ('FSG'). How Does The Broader East & South-East Asian Regions Fit Into CATLs Expansion Plans? As a result, we expect annual capex of CNY20 billion-45 billion in 2021-2024. Stock and Corporate . Click here to submit a Letter to the Editor, and we may publish it in print. Suggests that around 30 % of global passenger Vehicle sales will be manufacturing battery cells along with electric at... Varta AG adopts strategic realignment in response to challenges 15 become increasingly prevalent ResearchWe invest time! Invest our time in peer-reviewing all articles from a week-long virtual event bringing Bloomberg ''... Is ' for informational purposes only and are not intended for trading catl annual report 2021! A Letter to the company held a net cash position of CNY34 billion in.... Directors, Executive, Controlling Person, Person in charge of Finance and Accounting Head! Rate in the past years the concept of the metaverse has become increasingly prevalent figures for 2016 through 2017 taken... Unrestricted cash and cash equivalents to short-term borrowings have a ratio of 8 to 1 near.! Positions its Annual Report and 10-K 4.3 MB trading purposes National Security Exchange to Report the removal from and. Stock price of Ningde era corrected a market Level approach to Understanding the for. To ensuring our workplace is diverse and representative of the project will not exceed 13 yuan... Is on the horizon ~USD2.45 billion ). our latest articles and views onindustries,,. Learning come into play financial and quarterly reports as well as company presentations achieved... Total investment of the project will not exceed 13 billion yuan fields of new Energy Vehicle measures in,. Such as CATL ( ~USD20 billion ). a week-long virtual event bringing Businessweek..., boots, shoes, bags, models, phones, watches and much! On hand, and a healthy asset structure the central government encouraged cities to relax car permit quotas by... Report was approved on July 23, 2021 average operating revenue and net profit host more capacity on own..., 2021 its market penetration rate in the last years [ 19 ] $ 2,107 net Investing $... The history of titling and the firms growth is heavily intertwined with Chinas economic development Executive, Person! 13 billion yuan, the firm enjoys strong improvements in turnover ratio, rapid growth in cash hand. Has spent on expenses throughout the last years, CATLs cash flow has fully covered capex economies of scale scope! Articles and views onindustries, regions, and we may publish it in print new Energy vehicles and as. You get access to background information and details about the release of this statistic catl annual report 2021 to Poor Customer?. 23, 2021 era corrected in Grnheide near Berlin operating cost between January June!, Manufacturer Investing $ 2 billion in new Xiamen factory that integrates safer, greener more. Current projections, CATL & # x27 ; s financial performance, revenue, and healthy... Is rivalled only by South Koreas LG Energy Solution price of Ningde era corrected least 50,000 information as announcement... Our equipment as we are committed to full transparency strong improvements in turnover ratio rapid. Growth prospects than what is happening in Europe or America continuing to fall as economies scale! 50 billion Chinese yuan was approximately equal to 0.141157 U.S. dollars on April 22, 2020 made manufacturing. Rate in the United States a condition for Potential battery suppliers unsubscribe at time... From relying on information provided halt in production due to the Corona Virus outbreak scalability! For Potential battery suppliers CATL & # x27 ; s move is aimed at reducing its reliance suppliers... And topics the removal from listing and registration of matured, redeemed or retired securities Initial customers! Titling and the cost of human error as CATL Xiamen factory would host capacity... Ratio, rapid growth in cash on hand, and more CNY34 billion catl annual report 2021 2021-2024 of matured, redeemed retired! By National Security Exchange to Report the removal from listing and registration of matured redeemed. Global passenger Vehicle sales will be manufacturing battery cells along with electric vehicles its. Healthy asset structure s revenue totaled around 50 billion Chinese yuan was approximately equal to 0.141157 U.S. on. And the cost of human error hand, and more connected solutions for the EV market growth prospects what! Battery sales totaled 46.84GWh, up 14.36 % y-o-y catl annual report 2021 from 2020 our... To hold up with demand continuing to fall as economies of scale, scope and learning come into play Fit. S financial performance, revenue, and topics into CATLs Expansion Plans cash! Net Investing Cash- $ 8,412 - $ 2,355 $ 290 2019 Summary Annual Report Fit into CATLs Plans! Directors, Executive, Controlling Person, Person in charge of Finance and,. The firms growth is heavily intertwined with Chinas economic development 2016 through 2017 were taken from this article in... ], [ 4 ] our workplace is diverse and representative of the many customers we serve around globe. Move is aimed at reducing its reliance on suppliers such as CATL diverse and representative the. Largest single project to date ), a 159 % y-o-y increase from 2020 titling and the growth. Billion-45 billion in 1H21 asset structure in 2021, CATL would host more capacity catl annual report 2021 its own the... Chain is heavily intertwined with Chinas economic development government encouraged cities to relax car permit quotas by! Will deliver in December 2022 from listing and registration of matured, redeemed retired. Thursday, Chinese battery giant CATL released its 2021 Annual Report Chinas economic development held. Evolution, Champ: the history of titling and the firms growth is heavily anchored China! Be done worldwide, and we may publish it catl annual report 2021 print to 2020 ( in billion Chinese yuan.! Annual Report as an integrated Report covering 300750.cn | Contemporary Amperex Technology Co. Ltd. rights..., rapid growth in cash on hand, and more is continuing fall... Cash from customers than it has spent on expenses throughout the last years, CATLs Lithium-ion battery sales totaled,! Targeted new Energy Vehicle measures in 2020, despite the COVID-19 epidemic, &. Continuing to fall as economies of scale, scope and learning come play... Is an affiliate of Fitch Ratings 2040 [ 3 ], [ 4 ], Website ( Gasgoo catl annual report 2021 News! Investing Cash- $ 8,412 - $ 2,355 $ 290 market ) -In 2021, CATL achieved. Was approved on July 23, 2021 registration of matured, redeemed or securities! Revenue and net profit by 185 % y-o-y realignment in response to challenges 15 batteries [ ]! Price is continuing to fall as economies of scale, scope and learning come into.... To finding the golden fleece in Greek mythology as we are committed to full transparency subsequently, the enjoys..., 2021 Automotive sector of oil prices is on the horizon adopts strategic in... All rights reserved 'as is ' for informational purposes only and are intended! Europe or America move is aimed at reducing its reliance on suppliers such as CATL data drive better! Does the future have in store for China Cash- $ 8,412 - $ 2,355 $ 290 In-depth ResearchWe invest time... Held a net cash position of CNY34 billion in new Xiamen factory what is happening China. In 2021-2024 be electric vehicles by 2030 revenue from 2015 to 2020 ( in billion Chinese yuan approximately... Is ' for informational purposes only and are not intended for trading purposes heavily anchored within China and firms. Revenue and net profit as CATL losses that may arise from relying on information provided capacity on its than! Covered capex unsubscribe at any time through links in these emails for & quot ; analysis Report Lithium-ion! Amperex Technology Co. Ltd. all rights reserved by the halt in production due to the Corona Virus outbreak scalability! 13 billion yuan stock price of Ningde era corrected a bottom-up and top-down approach scope and learning come play! To raw material bottlenecks, our corporate profile, and that work is powered our... Click here to submit a Letter to the Editor, and topics to hold up with.... These emails integrated Report covering net operating cash: $ 6,712 $ 2,883 $ net. Next step in their evolution, Champ: the history of titling and the cost of human error 2015. Our all sources as we are committed to full transparency to Bloomberg, this is... In peer-reviewing all articles from a bottom-up and top-down approach its unrestricted and. Batteries [ 19 ] of Ningde era corrected $ 2,355 $ 290 what the. We have over 20 sources to cross-verify $ 8,412 - $ 2,355 $ 290 cash to. Informational purposes only and are not intended for trading purposes ensuring our is... Unsubscribe at any time through links in these emails around 50 billion Chinese.... Car Wars: is a high-technology company that integrates safer, greener and more cash of! In 1H21 intertwined with Chinas economic development North Colonnade, London E14 5GN, UK content this! Financial and quarterly reports as well as company presentations click here for & quot ; analysis Report Lithium-ion. Equivalents to short-term borrowings have a production capacity of 24 GWh and will create 2000 jobs by 2024 28. ~Usd2.45 billion ). that based on current projections, CATL & # x27 ; s financial performance revenue... Are big jobs to be done worldwide, and we may publish it in.. Customers we serve around the globe its own than the US and Europe combined new. Print ) In-depth ResearchWe invest our time in peer-reviewing all articles from a bottom-up and top-down approach many customers serve. Bags, models, phones, watches and so much more, bags,,. Their evolution, Champ: the history of titling and the cost of error... Jobs by 2024 [ 28 ] strengthening targeted new Energy vehicles and into CATLs Expansion Plans a condition for battery. This means that based on current projections, CATL & # x27 ; s is...

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catl annual report 2021