August 8, 2022
On Thursday, Chinese language battery large CATL launched its 2021 annual file. Its working source

On Thursday, Chinese language battery large CATL launched its 2021 annual file. Its working source of revenue reached 130.356 billion yuan ($20.1 billion) in 2021, a year-on-year build up of 159.06%. The company’s internet benefit used to be 15.931 billion yuan, a year-on-year build up of 185.34%.

Gross sales of energy battery programs represented the principle supply of source of revenue for CATL in 2021, whose income used to be 91.49 billion yuan, up 132.06% year-on-year.

All through the reporting duration, the gross sales quantity of lithium-ion batteries used to be 133.41 GWh, up 184.82% year-on-year, of which the gross sales quantity of energy battery programs used to be 116.71 GWh, up 162.56% year-on-year.

In 2021, CATL earned 15.46 billion yuan from lithium battery fabrics, a year-on-year build up of 350.74%. Pushed by means of the booming call for for downstream new power cars, consumers were riding robust call for for batteries, and accordingly, the gross sales quantity of lithium battery fabrics by means of CATL has larger. As well as, because the marketplace costs of primary metals stay emerging, CATL has raised its personal costs accordingly, riding income expansion.

All through the reporting duration, the company’s annual battery manufacturing capability larger from 69.10 GWh in 2020 to 170.39 GWh in 2021, and manufacturing bases similar to Zhaoqing in Guangdong, Yichun in Jiangxi and Guiyang in Guizhou have been established based on marketplace call for.

CATL stated that during 2021, it deepened its long-term strategic cooperation with Tesla, Hyundai, Ford, Daimler, Nice Wall Motors, Li Auto and different international automobile corporations. A provide framework settlement signed with Tesla in June 2021 stipulates that CATL will provide merchandise to Tesla from 2022 to 2025.

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In the case of merchandise, the announcement displays that CATL’s 2nd era ferrous lithium phosphate CTP merchandise were delivered in massive amounts, and high-voltage ternary merchandise were broadly utilized in passenger vehicles whose battery lifestyles is inside of 700km. The power density of ferrous lithium phosphate in mass manufacturing has reached 200Wh/kg.

Consistent with the monetary file, as of December 31, 2021, CATL had 10,079 R&D workforce, and the corporate and its subsidiaries owned 3,772 patents in China and 673 patents in another country.

Every other announcement by means of CATL on Thursday means that the corporate is making an investment in Xiamen Instances New Power Generation’s Battery Business Base Undertaking in China’s southeastern Fujian Province, with a complete funding of not more than 13 billion yuan. This challenge is meant to build a manufacturing line for energy battery programs and effort garage programs.