On the evening of March 14th, CATL released its 2024 financial report. The company achieved a total annual revenue of Yuan 362 billion, with a net profit attributable to the parent company of Yuan 50.7 billion, marking a year-on-year increase of 15%. In 2024, CATL's global market share in power batteries reached 37.9%, while its share in global energy storage battery shipments stood at 36.5%. The cumulative installation of its power batteries exceeded 17 million vehicles, and its energy storage batteries were deployed in over 1,700 projects.
Edited by Cassie Li, lixiangying@mysteel.com
