However, the filing from July last year, which might contain more details and an explanation why CATL is considering this investment in the first place, is no longer available on the website of the Shenzhen Stock Exchange nor the investors’ section of CATL, which only showcases announcements backdated to August 2018. In the first half of 2019, the total installed capacity of power batteries was 30GWh, an increase of nearly 93.6% year-on-year; the sales revenue of the company’s power battery system was 16.892 billion yuan, an increase of 135.01%. We also use third-party cookies that help us analyze and understand how you use this website. The main business of CATL includes power battery systems, energy storage systems and lithium battery materials. The world’s largest gasoline-powered automaker, Germany’s Volkswagen, set itself the strategic goal to become “ the leading … services, we all have the same goal, to help more customers find authentic, Any cookies that may not be particularly necessary for the website to function and is used specifically to collect user personal data via analytics, ads, other embedded contents are termed as non-necessary cookies. The CATL deal will help Toyota diversify its supply. (As of December 31, 2019) Fiscal year 2019: 227,240 Order intake (units) 242,219 1,884 Sales (units) Operating profit (€ million) 7.0% Operating return on sales 26,901 Sales revenue (€ million) To Our Shareholders Combined Management Report Operating Units Consolidated Financial Statements Further Information 2019 Annual Report Posted Jun 18, 2020. On January 25, NIO officially released version…, On January 9, NIO Day 2020 was officially held in Chengdu. 2019 2018 2017 2016 2015 5-year trend; Sales/Revenue: 45,516: 29,440: 19,901: 14,770: 5,663 Individual contents can be downloaded in PDF … They added that battery makers, including BYD and LG Chem, are speeding up in building their production capacities in this continent. high-quality and cost-effective products especial automobile-related from China. Both ranges include the first-quarter $0.31 per share discrete tax benefit. The surge in sales of new energy vehicles has led to an increase in the installed capacity of batteries. CATL, which is headquartered in Ningde, East China’s Fujian province, said the board of directors made this decision based on evaluations on the development of its overseas business and the change of market demand, without offering further explanation. Box 34216, Charlotte, North Carolina 28234, or contacting Investor … Annual Report 2020 is published in a series of two parts to provide up-to-date information; part one in September 2020 and part two in January 2021. Learn about 300750 (XSHE) with our data and independent analysis including price, star rating, valuation, dividends, and financials. Main financial data and indicators of … In the first half of 2019, the Chinese battery manufacturer CATL was able to achieve strong growth in sales and profits compared to the same period of the previous year. See more details at: the7sourcing.com. Fiscal Year 2019 Pension Report Posted May 18, 2020. Sinolink Securities analysts said in a research report on Wednesday that Europe might be the next key battlefield for battery makers following China as production capacity there only accounts for 4% of global capacity, citing Bloomberg data. Importing from China & looking for a hands-on local helper? Center for the Advancement of Teaching & Learning (CATL) 3 2017-2018 Annual Report The annual report contains information about the Programs and Services offered by the CATL team during 2017-2018, organized by our strategic planning goals for 2016-2021 (Appendix A). Annual Report and Accounts 2018/2019 | 7 President’s Statement President’s Statement There has been a significant increase in the number of cases lodged in the past 12 months over previous years. The company’s main source of revenue is the power battery, which includes batteries, modules and battery packs. 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MG’s First Electric SUV model MG EZS is Ready in Market,... NIO Unveiled Its First Sedan Model – NIO ET7 Preview on... GWM’s Teaser Images for New Model: Or the New-gen Haval H5, Haval M2 Review and Road Test – Interior Trim, Great Wall Motors Launches New Pickup Brand, The Pao (P-Series) Pickup. The world’s largest gasoline-powered automaker, Germany’s Volkswagen, set itself the strategic goal to become “the leading mobility company in the electric, connected era” by 2025. Contemporary Amperex Technology Co., Limited (CATL) and Toyota Motor Corporation (Toyota) announced today that they have entered into a comprehensive partnership agreement for the stable supply and further development of New Energy Vehicle (NEV) batteries. BUSINESS & TECH. SAIC MAXUS Released MAXUS T70 Pickup on 2019 Shanghai Auto Show,... NIO’s first sedan will be released soon, range may exceed 900km. The maker of the Prius is forecasting annual sales of 5.5 million EVs globally in 2025, after moving up its prior target by five years. Hunan Brunp accounted for over 10% of CATL’s net profit in 2019, according to the latter’s annual report. This Report is published along with the 2019 Annual Report of the Company. All values CNY Millions. In addition, as one of the core components of new energy vehicles, power batteries are increasingly competitive in the market. It said that products of CATL’s German plant will be mainly sold in Europe, with automakers based there as key target customers. CATL shares slid 2.1% on Friday. This website uses cookies to improve your experience. high-quality and cost-effective products especial. Fiscal year is January-December. Our 2019 Annual Report and Sustainability Report illustrate how we introduced new technologies and products to help our customers get their jobs done and continued to execute our strategy for … CATL invested in the construction of the cathode material industrial park through its holding subsidiaries, and established a wet nickel smelting plant in Indonesia in cooperation with companies such as GEM and Qingshan Group. Kuaishou is more of a social community, while chief rival Douyin functions like a media and entertainment platform. During the reporting period, the sales revenue of the energy storage system was 240 million yuan, a year-on-year increase of 369.55%. sections in China, our team members are professional and enthusiastic to help people It will have an annual capacity of lithium-ion batteries for 10 GWh, generating sales of CNY 20 billion, and create 7,000 new jobs. We are a team of veterans works in various The rapid growth in sales revenue of lithium battery materials was mainly due to the strong market demand and the production capacity of the company’s new plants. According to CATL's earlier announcement, the project will start operation in 2021, and have the capacity of 14 gigawatt-hours by 2022. Center for the Advancement of Teaching & Learning (CATL) 3 2018-2019 Annual Report The annual report contains information about the Programs and Services offered by the CATL team during 2018-2019, organized by our strategic planning goals for 2016-2021 (Appendix A). According to statistics from China Automotive Research Institute, the production and sales volume of new energy vehicles in China in the first half of 2019 were 609,000 and 601,000, respectively, an increase of 60.1% and 85.6%. A digital media company reporting on the most promising technology-driven businesses and trends in the world's emerging markets. Xpeng Motors announced the delivery volume in January: the first break of 6,000, an increase of 470% year-on-year, January sales soared 352.1% year-on-year, NIO hits new high again, Faraday Future will be listed on NASDAQ with stock code “FFIE”, Lixiang ONE Performs Well in C-IASI Overall Evaluation, NIO releases NIO OS 2.9.0 version, which can realize automatic parking and other functions, NIO Released Its 1st Sedan ET7 on NIO DAY with 1000km Range & Next gen NAD, NIO Delivered 7,007 vehicles in Dec., Invest 3 billion in five years, NIO releases used car business system, NIO, XPENG & LIXIANG EV Delivery Data (Updating), Never miss a story with ChinaPEV via Telegram, World Premiere of “IM Zhiji” Brand of Zhiji Automobile, CATL to build a battery factory in Indonesia, World First? It set up a joint venture with First Automotive Works (FAW), China’s oldest automobile manufacturer and this JV will invest RMB 4.4 billion (USD 652.5 million) in a battery project located in Ningde, KrAsia reported in April. A Securites Times report that time offers a clue. services, we all have the same goal, to help more customers find authentic, In 2019, CATL invested about 446.7 million USD in R&D, an increase of 50.28% YoY. .css-1u2pdc2{color:inherit;display:inline-block;}.css-1u2pdc2:hover,.css-1u2pdc2[data-hover]{-webkit-text-decoration:underline;text-decoration:underline;}Nikkei Asia. There are 5,364 CATL staff members engaged in R&D, with 1,943 of them holding master's degrees and 143 holding Ph.D. degrees. Xpeng Motors to announce the progress of LiDAR mass production vehicles on December 22, Huawei officially pushes Petal Maps to more than 140 countries, Purchase new land, Huawei Automotive Research Center may settle in Guangzhou, Huawei gathers 10 thousand employees to develop lidar, costs may drop sharply. Never miss a story with ChinaPEV via Telegram Third-quarter 2020 profit per share was $1.22, compared with $2.66 profit per share in the third quarter of 2019. Guangdong Brunp Recycling has annual waste-battery disposal capacity of 120,000 tons, with a metal recovery rate of 99.3% for nickel, cobalt and manganese. In June of this year, BYD was selected into the Toyota Power Battery Supply System, and its competitiveness in power batteries is also rising. The latter’s annual Report of 14 gigawatt-hours by 2022 in 2019, according to the latter’s annual Report the. Installed capacity of batteries, 2020 installed capacity of 14 gigawatt-hours by 2022 May,. 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