China’s CATL profit surges 42% as global market share soars to all-time high

South China Morning PostEN 1 min read 100% complete by Themis QiMarch 9, 2026 at 03:01 PM

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CATL, the Chinese battery giant, reported a 42% increase in net profit for 2025, reaching 72.2 billion yuan (US$10.4 billion), driven by strong lithium-ion battery sales and expansion into energy storage. The company's lithium-ion battery sales volume grew to 661 GWh, a 39% increase year-over-year, as China's EV industry expanded. CATL sold 541 GWh of power batteries, boosting its global market share to a record high of 39.2%, according to SNE Research. This marks the ninth consecutive year that CATL has held the position of top global battery manufacturer. The company's chairman, Zeng Yuqun, noted the industry's shift from prioritizing speed to focusing on quality.

Key Entities & Roles

Key Player Opposition Context

Beijing 30% Xinhua 30% SNE Research 40% Shenzhen Stock Exchange 50% Zeng Yuqun 50% China ×270% Contemporary Amperex Technology Ltd (CATL) ×590%

Keywords

catl 100% battery sales 80% market share 70% lithium-ion batteries 70% electric vehicles 60% new energy storage 60% power batteries 50% china 50% net profit 50% ev industry 40%