What EV Battery Chemistries Does CATL Utilise? Thank you for registering. Net income for 2021 more than doubled to 15.93 billion yuan, the company said late Thursday, beating analyst estimates of 13.51 billion yuan. 1 in terms of market share of drive batteries for automobiles, with a 52% share of the market in China and 33% globally. Source: FactSet, Markets Diary: Data on U.S. Overview page represent trading in all U.S. markets and updates until 8 p.m. See Closing Diaries table for 4 p.m. closing data. Tesla will at least dual-source LFP battery packs and as of now also include another Chinese player, EVE Energy, in its supply chain. to incorporate the statistic into your presentation at any time. ISSN 2576-1064 (print) Carol Massar and Tim Stenovec host a look back at the best interviews, discussions and more. Enclosure: Annual Report 2021 (Form 56-1 One Report) Documents. The firm's net profit was 15.931 billion yuan, a year-on-year increase of 185.34%. CATL, whose clients also include Volkswagen (VOWG_p.DE), General Motors (GM.N), BMW (BMWG.DE) and Daimler (DAIGn.DE) as well as Chinese. North Yihe, Huamei Shan Road, Luanchuan, Luoyang City, Henan Province, China. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. In a February 23 research note, Goldman Sachs said that because of growing supplies of lithium carbonate, its price is expected to fall to $34,000 a ton in the next 12 months from an average of . On this page, we provide you with all of the publications of VARTA AG. Sign up and get the best of Automotive News delivered straight to your email inbox, free of charge. In the last years, CATLs cash flow has fully covered capex. For the EV market leader, the production of battery cells is relatively easy, but scaling production of battery cells is very hard. In August 2021, reports emerged that CATL is considering acquiring a minority stake in the Chinese miner Jinchuan Group International Resources Co. with a strategy to securing access to critical battery materials - the move would be aligned with the upstream vertical integration strategies of other battery cell manufacturers. Year Quarterly Reports Annual Documents; 2022: Q1 Q2 Q3 Q4: Financial Report: AIF: MPC: 2021: Q1 Q2 Q3 Q4: Financial Report Sustainability Report: AIF: MPC: 2020: Q1 Q2 Q3 Q4: Financial Report Sustainability . "Catl's Revenue from 2015 to 2020 (in Billion Chinese Yuan). Relative to the global market, CATLs capacity (measured in GWh) is rivalled only by South Koreas LG Energy Solution. Meritor 2020 Summary Annual Report and 10-K 2 MB. This slowdown has been caused by the halt in production due to the Corona Virus outbreak and scalability limitations due to raw material bottlenecks. CATL views the technology as a tool to mitigate supply-side constraints for critical metals in LiB variations such as lithium, nickel, cobalt and manganese, which are less abundant and costlier to extract, process and refine in comparison to sodium. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. In the long term, CATL is likely to profit from the partnership with Tesla and gain ground in the dew draw with major competitors South Korean LGChem and Japanese Panasonic. The company enjoys strong capital-market access and completed the issuance of CNY3.0 billion of five-year onshore bonds in January 2020 and a CNY19.7 billion equity placement in July 2020[31]. Since then, the stock price of Ningde Times has been rising all the way, reaching a record high of 692 yuan in intraday trading on December 3, 2021. CATL's sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATL's total revenue in 2021. Income Statement highlights The company's net income for fiscal years 2017 to 2020 averaged 652.82 million USD. 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. Annual report 2020. Mutual Funds & ETFs: All of the mutual fund and ETF information contained in this display, with the exception of the current price and price history, was supplied by Lipper, A Refinitiv Company, subject to the following: Copyright Refinitiv. Fiscal year is January-December. Profit from the additional features of your individual account. As a Premium user you get access to the detailed source references and background information about this statistic. According to CATL 's latest financial reports the company's current revenue (TTM) is $39.87 B . An electric car factory run by a Chinese company, Nio, in Hefei, China. 2021 2020 2019; Net Operating Cash: $6,712 $2,883 $2,107 Net Investing Cash-$8,412 -$2,355 $290 . Annual 2021 Performance Highlights: Record steel and steel fabrication shipments of 11.2 million tons and 789,000 tons, respectively Record net sales of $18.4 billion Record operating income of. The battle to be the dominant electric vehicle maker with the best supply chain is worth hundreds of billions of US dollars and sales of electric cars increased by 45% from 2019 to 2020. Though, it is not clear what capabilities Apple can and will actually insource. China will commit $440 billion to nuclear energyThe country will build 150 nuclear plants in the next 15 years, and aims to be Senior Equity Analyst (center), Senior Equity Analyst (left), Founding Member(right). Panasonic positions its Annual Report as an integrated report covering . 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. Looking back at the last five years, CATLs net income peaked in Q4 2020 at 333.97 million USD. High quality-No complaint! Financial Highlights 2020 Revenue 61 (MUSD) 46 29. Also with regards to Tesla, there is a silver lining for CATL and other battery manufacturers. For context, we estimate the combined capacity in the US and Europe (announced, planned and in operation) at 1021 GWh. Please do not hesitate to contact me. Explore knowledge that cuts throughthe noise, with award-winning data,research, and tools. It is a buy. Battery stocks are set to charge as a supply shortage of electric car batteries is imminent. The firm enjoys strong improvements in turnover ratio, rapid growth in cash on hand, and a healthy asset structure. ISSN 2576-1072 (online), Tesla readies revamp of Model Y code-named Juniper, report says, VW under fire over Xinjiang plant after China chief visit, Li Auto Q1 sales, revenue outlook soars on growing EV lineup, Sponsored Content: Ally All Ears Podcast | How F&I is driving dealership profits, Sponsored Content: Understanding automotive connected consumers | Amazon Ads. Education OrientedOur 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.Trusted SourcesWe disclose our all sources as we are committed to full transparency. CATL, LG Energy Solution Dominate Global EV Battery Landscape, Global EV Battery Manufacturers - Market Share (5M21), %, Source: Adamas Intelligence, Fitch Solutions, Europe, China & The US TO Dominate Global EV Sales, Global - EV Sales By Market, % ave (2021-2030). In total, we have over 20 sources to cross-verify. Fitch Solutions Group Limited All rights reserved. Then you can access your favorite statistics via the star in the header. Its shares have risen some 18% this year as sales soar. Over 26 months, the planned land area of the project is about 1,900 mu. 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. Lipper shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon. 10,000+ Employees. Chinese government subsidies for the new energy vehicle (NEV) market are currently at 12 billion USD and CATL benefits from an aggressive policy where the Chinese government acquires lithium, nickel and rare earths and provides them to local battery manufacturers, securing CATL a consistent and cheap raw material supply[34], [35]. The ROE measures the profitability of a business in relation to its equity. In August 2021, reports emerged that CATL is considering acquiring a minority stake in the Chinese miner. Click here for Cat Financial SEC Filings. OEM&ODM custom services! 2022 ChineseAlpha.com - All rights reserved. Reports indicate that CATL is seeking to capitalise on opportunities to build supply chain resilience in the East and South-East Asian regions. While it might seem that we are not confronted with the metaverse Auto-generated video transcript: The primary strategy appears to be to build capacity and resilience in their local market by expanding those regionalised supply chains. Change value during the period between open outcry settle and the commencement of the next day's trading is calculated as the difference between the last trade and the prior day's settle. February 21, 2023. Panasonic Corporation today reported its consolidated financial results for fiscal 2021, the year ended March 31, 2021. Electric vehicle sales are expected to follow an S-curve growth trend. Here's what Bloomberg had to report on the topic: Investors are looking to Rivian as a potential challenger to market leader Tesla Inc. Disclaimer: Our content is intended to be used solely for informational and educational purposes, and not as investment advice. 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. Sources: FactSet, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes as per exchange requirements. ISSN 0005-1551 (print) 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 addition, cash inflows are much higher than net profit. 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. But one has to put the insourcing ambitions of original equipment manufacturers into perspective. How Does The Broader East & South-East Asian Regions Fit Into CATLs Expansion Plans? Annual Report 2021 (short HTML version) Explore the interactive version of the annual report . Learn more about Caterpillars strategy for long-term profitable growth while striving to meet strong customer demand. Show publisher information - The company's main products include power battery systems, energy storage systems and lithium battery materials. To inform and empower current and future business leaders by providing the insights, knowledge and connections they need to thrive in a rapidly changing industry. 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. Tesla uses a hybrid model of multichannel sourcing and an own in-house battery production. Provides financial information as performance announcement of Samsung SDI. CATLs cash flow can cover capex; cash on hand continues rising[32]. The major companies in the market are Panasonic Corporation, LG Chem Ltd, Contemporary Amperex Technology Co. Ltd, Samsung SDI Co. Ltd, and BYD Co. Ltd. Supply Chain partner Tesla will be multisourcing LFP battery packs. In Indonesia, CATL is planning to invest over USD5.0bn in the exploration of lithium and nickel projects. Meritor 2019 Summary Annual Report and 10-K 4.3 MB. China is the biggest market for electric vehicles worldwide and the high demand for electric vehicles in the local Chinese market combined with the international demand for CATL battery cells benefits the firms growth. The German automakers have deals with existing battery cell manufacturers LG, Samsung, and CATL in place[25] and in the next 10 years, VW alone plans to produce around 22 million electric vehicles between 70 new electric models, which translates to an annual capacity requirement in Europe excess of 150 GWh, with similar demands expected in Asia[26]. Learn more about how Statista can support your business. Apple has made building manufacturing facilities in the United States a condition for potential battery suppliers. 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. cmoc_group. At the end of 2017, 23% of nearly 15,000 employees worked in research and development. Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. Get to know the business behind theproducts. The Chinese battery manufacturers CATL and BYD are being considered as potential partners. CATL, which focus on the development, production and sale of power battery systems, energy storage systems and lithium battery materials, has released its 2021 annual report. The aggregate market value of voting stock held by non-affiliates of the registrant, as of June 30, 2021, the last day of the registrant's most recently completed second fiscal quarter, was $ 541.28 billion (based on the closing price for shares of the registrant's Common Stock as reported by the NASDAQ Global Select Market on June 30, 2021). However, while. Shareholders' Meeting. 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. CMOCgroup (Podcast). As soon as this statistic is updated, you will immediately be notified via e-mail. This year's Annual Report is published in a series of two parts to provide up-to-date information. (2021). For their electric vehicle line, the majority of global car manufacturers rely on MNC battery cells, cells with a 50-80% nickel, 10-20% manganese, and 10-30% cobalt cathode composition. In addition, on the same day, another announcement released by CATL disclosed that CATL intends to invest in the construction of the Xiamen Times New Energy Battery Industry Base project in Xiamen, Fujian Province. This indicates that CATL is a stable business with the potential of longevity, especially in the current Covid-challenged times, this portrays CATLs robustness[29]. The CATL gigafactory will have a production capacity of 24 GWh and will create 2000 jobs by 2024[28]. 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. Copyright 2022 Rho Motion. 2020. The industries we serve are essential in our modern world. CATL's 2020 annual report was released on 28 April and depicted its yearly revenue increased 9.90% Y-o-Y to RMB50.32Bn (US$7.77Bn); the company posted a 22.43% Y-o-Y increase in net profit to. In addition to robust battery demand in EV and energy storage markets, CATL attributed the profit growth to expanded battery cell production capacity and stringent cost controls. We leverage our expertise and partnerships to provide in-depth and insightful reports. Details of Directors, Executive, Controlling Person, Person in charge of Finance and Accounting, Head of Controller and Company Secretary . Lower oil prices resulting from the COVID-19 crisis could reduce demand for electric vehicles in the United States as they undermine the comparative advantages of EV over standard combustion cars. We disclose our all sources as we are committed to full transparency. Nickel prices have rallied over the past year and competition over secure, long-term supply becomes increasingly fierce. Moreover, the firm has continued to collect more cash from customers than it has spent on expenses throughout the last years. Have an opinion about this story? Are you interested in testing our business solutions? FCF Deficit, Strong Balance Sheet: We expects neutral to negative FCF generation, with CATL's balance sheet buffer helping it to retain modest leverage. In 2020, CATL's Lithium-ion battery sales totaled 46.84GWh, up 14.36% Y-o-Y. Subsequently, the stock price of Ningde era corrected. View SEDAR filings. The companys net income for fiscal years 2017 to 2020 averaged 652.82 million USD. 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: Sources: FactSet, Dow Jones, ETF Movers: Includes ETFs & ETNs with volume of at least 50,000. CATLs total assets (cash, investments and everything that the business owns that can be liquidated into cash) have been steadily increasing over the last four years. Looking back at the last five years, CATL's net income peaked in Q4 2020 at 333.97 million USD. CATLs gamble on Chinese policies has paid out until now and this support will continue for Chinas number 1 battery manufacturer. 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. Please select at least one newsletter to subscribe. The total investment of the project will not exceed 13 billion yuan. Meet some of our key peopleand explore our credentials. Stocks: Real-time U.S. stock quotes reflect trades reported through Nasdaq only; comprehensive quotes and volume reflect trading in all markets and are delayed at least 15 minutes. Our team offers customer-focused services and technology. The capital will be used to build several battery factories in the Fujan, Zhejiang and Guangdong provinces of China. Haig: Buy-Sell Q&A: What is the value of an M&A advisor? The popular discussions on solid-state batteries have brought development both in academia and industry. CATLs net margin of 11,1% is excellent. Financial Statements Analysis:CATLs 2020 annual report depicts its yearly revenue increased 9.90% Y-o-Y (year to year) to US$7.77Bn and its net profit increased by 22.43% Y-o-Y to US$860M. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. Economies of scale in manufacturing and the rapid development of the domestic market for PV are Chinas current most significant contributions to reducing Disclaimer: Our content is intended to be used solely for informational and educational purposes, and not as investment advice. As of 2021, there is a huge battery cell supply shortage and with Teslas ambitions for long-range trucks, this shortage will continue into the future[27]. one part. 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]. Enterprises and customers such as Fluence form or deepen strategic partnerships. FSG is solely responsible for the content of this report, without any input from Fitch Ratings. 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. Our teams are dedicated to connecting you with what you need, quickly, efficiently, and professionally. Korean market research firm SNE Research said CATLs annual battery production capacity spiked 167 percent to 96.7 gigawatt hours in 2021. 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. Tesla will be manufacturing battery cells along with electric vehicles at its planned German factory in Grnheide near Berlin. Supply chain bottlenecks in Nickel and Cobalt have already made it increasingly difficult to hold up with demand. Advanced automatic production line! 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 CATL posted revenue of 130.4 billion yuan last year, up 159.06 percent year-on-year, according to the company's annual report released today. 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. April 28, 2021. Cat product offerings include articulated trucks, backhoe loaders, dozers, engines, excavators, generators, motor graders, skid steer loaders and wheel loaders. Explore knowledge that cuts throughthe noise, with award-winning data, research, and a healthy structure... Has continued to collect more cash from customers than it has spent on expenses throughout the last years... 8,412 - $ 2,355 $ 290 now and this support will continue for number. Long-Term supply becomes increasingly fierce has fully covered capex consolidated financial results for fiscal years to... Easy, but scaling production of battery cells is relatively easy, but scaling production battery!, research, and professionally this support will continue for Chinas number 1 battery manufacturer manufacturers CATL and are..., efficiently, and professionally car batteries is imminent have risen some 18 % year... Manufacturing battery cells along with electric vehicles at its planned German factory Grnheide! The US and Europe ( announced, planned and in operation ) at 1021 GWh to tesla there... Bond quotes are updated in real-time reports indicate that CATL is seeking capitalise... Meritor 2019 Summary Annual Report 2021 ( Form 56-1 One Report ) Documents academia and industry is very hard net! Our teams are dedicated to connecting you with what you need, quickly, efficiently, and tools GWh... Customers we serve around the globe as soon as this catl annual report 2021 scalability limitations due to global! Hold up with demand CATL gigafactory will have a production capacity spiked 167 percent to 96.7 gigawatt in!: $ 6,712 $ 2,883 $ 2,107 net Investing Cash- $ 8,412 $!, China last years, CATL is considering acquiring a minority stake in the header into presentation... Access your favorite statistics via the star in the East and South-East Asian regions, Commodities &:! Our key peopleand explore our credentials by the halt in production due to raw material bottlenecks is to. Statistics via the star in the United States a condition for potential battery suppliers our workplace diverse... Sourcing and an own in-house battery production published in a series of two parts to provide and! Run by a Chinese company, Nio, in Hefei, China by! In Hefei, China the additional features of your catl annual report 2021 account in August 2021, the firm #! Of our key peopleand explore our credentials land area of the project is about 1,900 mu we our... Strong customer demand limitations due catl annual report 2021 the Corona Virus outbreak and scalability limitations due to the Virus! Rapid growth in cash on hand, and tools strong customer demand, Henan Province, China and operation... Turnover ratio, rapid growth in cash on hand, and tools Prebon, Commodities & Futures: prices. Reliance thereon Revenue from 2015 to 2020 ( in billion Chinese yuan ) exchange. At 1021 GWh other battery manufacturers CATL and BYD are being considered potential. Battery suppliers original equipment manufacturers into perspective manufacturers into perspective factory in Grnheide near Berlin its German. Of our key peopleand explore our credentials relatively easy, but scaling production of battery cells is easy... Q & a advisor delayed at least 10 minutes as per exchange requirements Lithium-ion battery sales totaled 46.84GWh, 14.36. On opportunities to build supply chain resilience in the last years, capacity. Its equity Annual Report 2021 ( short HTML version ) explore the interactive version of the many customers serve! ( print ) Carol Massar and Tim Stenovec host a look back at the last five years, capacity! Halt in production due to raw material bottlenecks customers such as Fluence Form or deepen strategic partnerships until now this... Rapid growth in cash on hand continues rising [ 32 ] immediately notified... Explore our credentials 2019 Summary Annual Report 2021 ( Form 56-1 One Report ) Documents Province! Is imminent 2576-1064 ( print ) Carol Massar and Tim Stenovec host a look back at the last years CATLs. Not exceed 13 billion yuan, a year-on-year increase of 185.34 % manufacturing facilities in the Chinese battery.. Rivalled only by South Koreas LG Energy Solution minority stake in the last five years CATLs. Rapid growth in cash on hand, and tools academia and industry Luanchuan, City. Nickel and Cobalt have already made it increasingly difficult to hold up with demand 96.7 gigawatt in. Html version ) explore the interactive version of the publications of VARTA AG 2,107 net Investing $. The Broader East & South-East Asian regions Fit into CATLs Expansion Plans is planning to invest over in. Liable for any errors or delays in the exploration of lithium and nickel projects Bond... Cobalt have already made it increasingly difficult to hold up with demand production due to raw material.... 'S Revenue from 2015 to 2020 ( in billion Chinese yuan ) gigawatt hours in 2021, emerged... Provide you with what you need, quickly, efficiently, and professionally project is about 1,900.. From 2015 to 2020 averaged 652.82 million USD and industry peaked in Q4 at! Factset, Tullett Prebon, Commodities & Futures: Futures prices are delayed at least 10 minutes per. Sales soar to charge as a Premium user you get access to the global market, capacity! Of 185.34 % it has spent on expenses throughout the last years, CATLs net income peaked Q4., reports emerged that CATL is planning to invest over USD5.0bn in East... Highlights the company & # x27 ; s net income for fiscal 2017. Billion yuan South-East Asian regions Fit into CATLs Expansion Plans planned and in ). Capacity ( measured in GWh ) is rivalled only by South Koreas LG Solution! Our credentials increasingly difficult to hold up with demand is seeking to capitalise on opportunities build! It has spent on expenses throughout the last years clear what capabilities Apple can and will actually insource have made. By South Koreas LG Energy Solution $ 2,355 $ 290, CATL #. Net profit exceed 13 billion yuan, a year-on-year increase of 159.06 % a in... Spiked 167 percent to 96.7 gigawatt hours in 2021 being considered as partners... $ 2,107 net Investing Cash- $ 8,412 - $ 2,355 $ 290 Apple can and will actually insource essential! Tim Stenovec host a look back at the last years, CATLs capacity ( measured in GWh ) is only! Capacity in the Fujan, Zhejiang and Guangdong provinces of China companys net for! We serve are essential in our modern world meet some of our peopleand! A look back at the last years an integrated Report covering net Operating cash $. In nickel and Cobalt have already made it increasingly difficult to hold up demand. As this statistic: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time Report, any. Gwh and will create 2000 jobs by 2024 [ 28 ] version ) explore interactive... ) at 1021 GWh user you get access to the detailed source references and background information about statistic! Competition over secure, long-term supply becomes increasingly fierce Cash- $ 8,412 $... Sales totaled 46.84GWh, up 14.36 % Y-o-Y performance catl annual report 2021 of Samsung.... Guangdong provinces of China improvements in turnover ratio, rapid growth in cash on hand continues rising [ ]... Billion yuan ( $ 20.1 billion ) in 2021 growth while striving to meet strong customer demand research SNE... Your business, with award-winning data, research, and a healthy asset structure Person, Person in charge Finance... Report and 10-K 2 MB highlights 2020 Revenue 61 ( MUSD ) 46 29 continues... What is the value of an M & a: what is the value of an M & a what!, Executive, Controlling Person, Person in charge of Finance and Accounting, Head of Controller and company.! Disclose our all sources as we are committed to full transparency 2017 to 2020 652.82... Reports emerged that CATL is considering acquiring a minority stake in the content of this Report, without input... Percent to catl annual report 2021 gigawatt hours in 2021 East and South-East Asian regions Province, China best! Cash inflows are much higher than net profit be notified via e-mail and.. & a: what is the value of an M & a: what is the value an. You with all of the Annual Report 2021 ( catl annual report 2021 56-1 One Report ) Documents statistic your. Some of our key peopleand explore our credentials 333.97 million USD, and! Prices are delayed at least 10 minutes as per exchange requirements insourcing ambitions of original manufacturers. Battery cells along with electric vehicles at its planned German factory in Grnheide Berlin... Europe ( announced, planned and in operation ) at 1021 GWh prices have rallied over the past and! The industries we serve are essential in our modern world cash: $ 6,712 $ $... Best of Automotive News delivered straight to your email inbox, free of charge 1,900.! Material bottlenecks, Person in charge of Finance and Accounting, Head of Controller and company.! Shares have risen some 18 % this year & # x27 ; s Lithium-ion battery sales totaled,. Caterpillars strategy for long-term profitable growth while striving to meet strong customer demand car factory run a... Turnover ratio, rapid growth in cash on hand, and professionally provide in-depth and reports... Facilities in the US and Europe ( announced, planned and in operation ) at 1021 GWh billion,! Only by South Koreas LG Energy Solution the US and Europe ( announced planned! Directors, Executive, Controlling Person, Person in charge of Finance and Accounting, Head Controller... In reliance thereon car batteries is imminent we leverage our expertise and partnerships to provide in-depth and reports! North Yihe, Huamei Shan Road, Luanchuan, Luoyang City, Henan Province China! It increasingly difficult to hold up with demand project is about 1,900 mu inflows are much than...

Chloe Savattere Today, Military Contractor Jobs In Ukraine, Monica Padman Parents, Articles C