BUSINESS

CATL’s Rosy Results Rest on Strong EV and Energy Storage Demand

Published: Mar. 10, 2026 2:02 p.m. GMT+8

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Contemporary Amperex Technology Co. Ltd. (CATL) reported a 42.3% increase in net profit to 72.2 billion yuan ($10.5 billion) in 2025, as robust global demand for electric vehicle and energy storage batteries pushed its production lines to near full capacity.

The stellar financial performance underscores the persistent dominance of the world’s largest battery-maker during an industry upswing, which has prompted top-tier manufacturers to rapidly expand their production capabilities to meet surging orders stretching well into 2026.

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CATL’s 2025 net profit rose 42.3% to 72.2 billion yuan, with revenue up 17% to 423.7 billion yuan, driven by strong EV and energy storage battery demand.
CATL maintained global market leadership with 39.2% of EV battery and 27.6% of energy storage battery market shares, selling 661 GWh of batteries in 2025.
The company invested 22.15 billion yuan in R&D and will distribute 50% of its net profit, or 36.1 billion yuan, as dividends.

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Who’s Who

Contemporary Amperex Technology Co. Ltd.: Contemporary Amperex Technology Co. Ltd. (CATL) is the world's largest battery maker, achieving a 42.3% net profit increase to 72.2 billion yuan in 2025. This growth was driven by robust global demand for EV and energy storage batteries, utilizing 96.9% of its manufacturing capacity. CATL maintained global dominance, leading in both EV and energy storage battery markets. The company plans to expand operations, investing in R&D and new production facilities.

AI generated, for reference only