Latest Search
Quote
| Back Zoom + Zoom - | ||||
|
CATL: Demand Strong, Capacity Utilization Relatively Saturated; More Battery Swap Models to Be Launched within Yr
Recommend 9 Positive 12 Negative 7 |
||||
|
||||
|
CATL (300750.SZ), the leading lithium battery giant in China that will be listed in Hong Kong soon, said at its results conference that the energy storage market in emerging regions such as the Middle East and Australia is developing rapidly, with renewable energy sources and AI data centers driving the demand for energy storage, which requires higher demands on energy storage batteries. The Company successively secured large-scale energy storage projects in the above 2 markets. Overall, the Company's capacity utilization rate is relatively saturated due to strong demand from both the China and overseas markets. Recently, CATL entered into a cooperation framework agreement with Sinopec Group to jointly build a nationwide battery swapping ecological network. The Company also signed a strategic cooperation agreement with NIO-SW (09866.HK) (NIO.US) to jointly build the world's largest and most technologically advanced passenger car battery swapping service network. In terms of OEMs, more battery swap models will be released this year. AAStocks Financial News |
||||
Copied to Clipboard
 |
||||
