In the US, the recently announced USD1.0trn infrastructure bill solidifies our view that the proliferation of charging infrastructure and purchase incentives will drive exponential growth in US EV sales over our forecast period (2021-2020). About Panasonic Group . 603993@cmoc.com. One Chinese yuan was approximately equal to 0.141157 U.S. dollars on April 22, 2020. Access to this and all other statistics on 80,000 topics from, Show sources information Please do not hesitate to contact me. Detroit, Michigan Date Filing Type Filing Description Download / View. NIO's move is aimed at reducing its reliance on suppliers such as CATL . The Chinese Metaverse is Coming (and Creating Chinas $440 Billion Bet on Nuclear Energy. The sales numbers will portray a steady % growth increase over the next years until market saturation effects take effect from 2028 onwards that moderate the year-to-year growth rate increase. In 2020, CATLs Lithium-ion battery sales totaled 46.84GWh, up 14.36% Y-o-Y. On the other hand, energy storage has become the fastest growing business segment in CATL. Our data is gathered from Capital IQ, DataYes, and trusted news sources. Important mentions are Volkswagens recent acquisition of Quantum Scape, a solid-state battery startup Stanford University spin-off and the Hyundai partner Ionic Materials, who have both said they want to have developed a commercially viable solid-state battery technology by 2025[20]. Read corporate press releases and news announcements distributed by Caterpillar Inc. Our leaders are committed to supporting customers and driving profitable growth. This high P/E ratio indicates that investors are willing to pay a higher share price today because of growth expectations in the future. In addition to robust battery demand in EV and energy storage markets, CATL attributed the profit growth to expanded battery cell production capacity and stringent cost controls. Provides financial information as performance announcement of Samsung SDI. FSG is an affiliate of Fitch Ratings Inc. ('Fitch Ratings'). You can only download this statistic as a Premium user. Copyright 2021 Fitch Solutions Group Limited. Meritor 2018 Summary Annual Report and 10-K 2.4 MB. Source: CATL official WeChat account press release) Shareholders -Listed on Shenzhen Stock Exchange (As of December 31, 2021) Products Find the company's financial performance, revenue, and more. As soon as this statistic is updated, you will immediately be notified via e-mail. This enables CATL to procure battery materials and production sites at better prices with its economies of scale which translates into lower battery cell/pack costs for its customers. Visit and get more detail information. Over 26 months, the planned land area of the project is about 1,900 mu. What does the future have in store for China? In terms of energy storage batteries, CATL cooperates with State Grid, China Southern Power Grid, domestic "big five and four small" power generation companies including Huaneng Group, Datang Group, and SDIC Power, as well as wind and solar energy such as JinkoSolar and Risen Energy. CATL's 2020 annual report was released on 28 April and depicted its yearly revenue increased 9.90% Y-o-Y to RMB50.32Bn (US$7.77Bn); the company posted a 22.43% Y-o-Y increase in net profit to. Challenges including high capital expenditure (capex) and environmental impact may slow down or even impede new nickel purification processes[8]. EBITDA development 1 (MUSD)-4-13 2018. The primary strategy appears to be to build capacity and resilience in their local market by expanding those regionalised supply chains. CATL was trailed by LG Chemical and Panasonic, which boosted their annual battery capacity by 20 percent and 12 percent to 60.2 GWh and 36.1 GWh, respectively, by the end of last year. Lower oil prices resulting from the COVID-19 crisis could reduce demand for electric vehicles in the United States as they undermine the comparative advantages of EV over standard combustion cars. February 21, 2023. Corvus Energy. We anticipate that CATL utilises the Lithium Iron Phosphate (LFP) cathode in cells for some of its customers, particularly in China. Phate is the founder and main author of CnEVPost. Tesla will at least dual-source LFP battery packs and as of now also include another Chinese player, EVE Energy, in its supply chain. Why Chinese tech Giants are embracing the Metaverse despite state media warnings. You can unsubscribe at any time through links in these emails. This slowdown has been caused by the halt in production due to the Corona Virus outbreak and scalability limitations due to raw material bottlenecks. Overall, CATL has a very strong story for the next 3 5 years and buying a major battery manufacturer is a great play if the electric vehicle market growth continues on the foreseeable trajectory. Sources: CoinDesk (Bitcoin), Kraken (all other cryptocurrencies), Calendars and Economy: 'Actual' numbers are added to the table after economic reports are released. In 2020, CATL's Lithium-ion battery sales totaled 46.84GWh, up 14.36% Y-o-Y. CATL has secured a spot in Teslas supply chain and is the first to provide the electric vehicle market leader with LFP (lithium iron phosphate battery) packs. In Japan, the firm is expected to build an energy storage business with an established local player that would grant it further access to non-active battery materials. Consumer demand remains strong. It is a buy. Global outlook on electricity generation 2020-2050, by energy source, Biggest planned green hydrogen projects globally August 2021, Global pumped storage capacity 2021, by leading country, Cumulative global energy storage deployment 2013-2030. During the reporting period, the company's overseas order delivery scale increased rapidly and its overseas business gradually matured, CATL said. Sources: FactSet, Dow Jones, Stock Movers: Gainers, decliners and most actives market activity tables are a combination of NYSE, Nasdaq, NYSE American and NYSE Arca listings. Diversity & Inclusion Caterpillar is committed to ensuring our workplace is diverse and representative of the many customers we serve around the globe. Allstate: Compliance standards are changing. An all-time low of oil prices is on the horizon. Click here for "Analysis Report: Lithium-Ion Battery (Chinese Market) -In 2021, CATL was No. A paid subscription is required for full access. Adamas Intelligence reports that CATL's share in 2021 was 30.7% in the xEVs (BEVs, PHEVs, HEVs) passenger car segment. Calliditas Therapeutics Ab (CALT) 10K Annual Reports & 10Q SEC Filings Calliditas Therapeutics Ab (CALT) SEC Filing 20-F Annual Report for the fiscal year ending Friday, December 31, 2021 Home SEC Filings Calliditas Therapeutics Ab (CALT) 20-F Annual Report Wed Apr 27 2022 Notifications 6-K Foreign Issuer Report 6-K Foreign Issuer Report Panasonic Holdings Corporation. Stock and Corporate . Annual Reports Meritor 2021 Summary Annual Report and 10-K 5.3 MB. The move towards LFP batteries will on the one hand decrease Teslas supply chain risk as LFP batteries do not require any bottleneck resources (nickel and cobalt) and on the other hand increase the number of Teslas sourcing channels overall. We leverage our expertise and partnerships to provide in-depth and insightful reports. Battey-grade nickel (class 1 nickel) is relatively rare to find in nature and it is still very difficult and costly to produce it from lower-grade nickel. Read & discuss the latest China news, their effects on stock prices, and get in touch with other investors in the ChineseAlpha community by joining our group on Telegram. Need info on your own credit report? Its operating income reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year increase of 159.06%. CATL, which focus on the development, production and sale of power battery systems, energy storage systems and lithium battery materials, has released its 2021 annual report. These range from corporate news and ad hoc announcements to financial and quarterly reports as well as company presentations. CATL issued a semi-annual performance report stating that in the first half of 2021, operating income was approximately RMB 44.075 billion , an increase of 134.07% year-on-year ; net profit attributable to shareholders of listed companies was approximately RMB 4.484 billion, an increase of 131.45% year-on-year ; basic earnings per share were 1. . Website (Gasgoo China Automotive News). To read the article please click on the link we have sent to your email address. CATL views the technology as a tool to mitigate supply-side constraints for critical metals in LiB variations such as lithium, nickel, cobalt and manganese, which are less abundant and costlier to extract, process and refine in comparison to sodium. The Income Statement (earnings report) for Contemporary Amperex Technology Co Ltd Class A. The firm enjoys strong improvements in turnover ratio, rapid growth in cash on hand, and a healthy asset structure. Meritor 2019 Summary Annual Report and 10-K 4.3 MB. Secretary of Agriculture Designate Seth Meyer Agricultural Statistics Board Chairperson Joseph L. Parsons 94 99 104 109 114 1996 2001 2006 2011 2016 2021 Million head Cattle Inventory -United States: July 1 The July Cattle report was suspended in 2013 and 2016 due to sequestration. Advanced automatic production line! Expert analysis of opportunities and risks across emerging and frontier markets. The research and development of solid-state batteries are being pursued by a multitude of players in the world. ET by Barron's Autos NIO Stock Slumps After Short-Seller Questions Battery Sales. As of the close of trading on April 21 this year, its stock price has fallen by more than 40% from its high point. CMOCgroup Its operating cash flow has been significantly higher than net profit since 2018. For more information, see ourPrivacy Policy. CATLs improving bargaining power drives up the leverage ratio, boosting ROE. Any copying, republication or redistribution of Lipper content, including by caching, framing or similar means, is expressly prohibited without the prior written consent of Lipper. Fiscal year is January-December. Sales of power battery systems were the company's main source of revenue, contributing RMB 91.49 billion last year, up 132.06 percent year-on-year. Data are provided 'as is' for informational purposes only and are not intended for trading purposes. The central government encouraged cities to relax car permit quotas complemented by strengthening targeted New Energy Vehicle measures in 2020. Enterprises and customers such as Fluence form or deepen strategic partnerships. - The company's main products include power battery systems, energy storage systems and lithium battery materials. International stock quotes are delayed as per exchange requirements. Our latest articles and views onindustries, regions, and topics. In, Website (Gasgoo China Automotive News). Partnerships with Apple and Nio are now in discussion and would offer great potential for CATL to secure future growth and the possibility to vertically extend their value chain positioning. The company has been established in December 2011 by founder Zeng Yuqun alias Robin Zeng. Corvus Energy. To learn more about our EV and battery market analysis, complete our contact form and we'll be in touch shortly to discuss the best options for you and your business. CATL's sales to Tesla were RMB13 billion (~USD2 billion), accounting for 10% of CATL's total revenue in 2021. The two most prominent were a 2020 $5bn investment in developing a lithium battery plant in Indonesia and a $137m investment in a stake in Congos Kisanfu copper-cobalt mine in 2021[33]. CATL has emerged as one of the biggest winners of the electric car boom, along with Tesla. Romaine Bostick breaks down the day's top stories and trading action leading into the close. Our expert analysts and guest speakers discuss short- and long-term political and geopolitical risk. 10,000+ Employees. Fundamental company data and analyst estimates provided by FactSet. Sources: FactSet, Dow Jones, Bonds: Bond quotes are updated in real-time. We disclose our all sources as we are committed to full transparency. In 2021 the company made a revenue of $20.24 B an increase over the years 2020 revenue that were of $7.40 B .The revenue is the total amount of income that a company generates by the sale of goods or services. CATL is the fastest-growing provider of EV batteries worldwide. The batteries for Nios leasing service will be supplied by a company established by Chinese battery makers including leader Contemporary Amperex Technology Co Ltd[12]. 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