CATL: Sichuan's short-term electricity supply in August had little impact

The short-term electricity supply in Sichuan in August had little impact on the company's overall production capacity. According to the data of the China Automotive Power Battery Industry Innovation Alliance, in August 2022, in the ranking of domestic power battery companies in terms of vehicle loading, CATL still ranks first with 46.79%.

In addition, CATL also stated that the company has established ten factories in Ningde in Fujian, Liyang in Jiangsu, Xining in Qinghai, Yibin in Sichuan, Zhaoqing in Guangdong, Lingang in Shanghai, Xiamen in Fujian, Yichun in Jiangxi, Guiyang in Guizhou, Jining in Shandong and Erfurt, Thuringia, Germany. A large battery production base, and plans to build the second European factory in Hungary.

Inn the first half of 2022, CATL's revenue was 112.97 billion yuan, a year-on-year increase of 156.32% ; net profit attributable to listed shareholders was 8.168 billion yuan, a year-on- year increase of 82.17% . At present, the batteries of CATL have been sold to 56 countries and regions around the world, with a cumulative loading of more than 5 million vehicles.

According to the latest data from SNE Research, an energy market research organization, the global power battery market reached 59 trillion won (about 296.7 billion yuan) in the first half of this year, of which CATL had a market share of 30% (17.9 trillion won), ranking first.

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