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Revenue From CATL’s Power Battery Systems Up 132% in 2021
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Revenue From CATL’s Power Battery Systems Up 132% in 2021

Apr 22, 2022
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Revenue From CATL’s Power Battery Systems Up 132% in 2021
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CATL
(Source: Quantron AG)

On Thursday, Chinese battery giant CATL released its 2021 annual report. Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. The firm’s net profit was 15.931 billion yuan, a year-on-year increase of 185.34%.

Sales of power battery systems represented the main source of income…

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