CATL Profit Rises, Defying Gloom Among Rival Battery Makers
The CATL booth at the International Photovoltaic Power Generation and Smart Energy Expo in Shanghai.
Photographer: Qilai Shen/BloombergCATL, the world’s biggest maker of EV batteries, reports a rise in second-quarter net income.By Danny Lee26 July 2024 at 9:45 PM AESTUpdated on27 July 2024 at 8:08 PM AESTSaveContemporary Amperex Technology Co., the world’s biggest maker of electric-vehicle batteries, reported a rise in second-quarter net income, bucking the weaker-than-expected performance from top rival LG Energy Solution Ltd.
Looks like lithium isn't dead after all.
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