FB Pixel no scriptCATL earnings rise as Europe push advances
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KrASIA
Oct
21

CATL earnings rise as Europe push advances

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CATL reported a 41% jump in Q3 profit to RMB 18.5 billion, in line with analyst estimates. The Chinese battery maker maintained a 36.8% share of global EV battery capacity, according to SNE Research. The company is expanding in Europe with new production in Hungary amid slowing EV demand and rising geopolitical risks.
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