CATL's production capacity utilization rate approaches 100% in 2025, with a net profit of 72.2 billion yuan

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[Caixin] In 2025, CATL achieved revenue of 423.7 billion yuan, a year-on-year increase of 17%; net profit attributable to shareholders of the listed company was 72.2 billion yuan, a year-on-year increase of 42.3%. On the evening of March 9, CATL (300750.SZ) released its 2025 financial report, disclosing the above data.

CATL is a leading company in power and energy storage batteries. According to South Korean agency SNE Research, in the global market in 2025, CATL’s vehicle battery installation volume and energy storage battery shipments accounted for 39.2% and 30.4%, respectively, ranking first for nine consecutive years and for the fifth year in a row.

In 2025, the battery industry experienced a boom. An industry association insider who wished to remain anonymous said that the power battery market maintained rapid growth, and demand for energy storage batteries also exceeded expectations. In the second half of 2025, industry capacity utilization rate significantly increased. By the fourth quarter, leading companies had basically achieved full production, with some orders even scheduled into 2026.

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