CATL Profit Rises 41% as Battery Maker’s Overseas Push Continues
A Contemporary Amperex Technology Co. battery model displayed during the 2025 IAA Mobility expo in Munich.
Photographer: Alex Kraus/BloombergContemporary Amperex Technology Co. Ltd.’s profit jumped in the third quarter, as the world’s largest maker of electric vehicle batteries defended its lead in China and pushed further into overseas markets.
Net income for the period rose 41% to 18.5 billion yuan ($2.6 billion), the company said Monday, roughly in line with analyst projections compiled by Bloomberg. Revenue also climbed, but less than analysts expected.