{"id":1023555,"date":"2026-07-25T07:51:45","date_gmt":"2026-07-25T02:21:45","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=1023555"},"modified":"2026-07-25T07:58:14","modified_gmt":"2026-07-25T02:28:14","slug":"chinese-battery-giant-catl-sees-profit-surge-on-energy-storage-demand","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/07\/25\/chinese-battery-giant-catl-sees-profit-surge-on-energy-storage-demand\/","title":{"rendered":"Chinese battery giant CATL sees profit surge on energy storage demand"},"content":{"rendered":"<p>Chinese battery giant Contemporary Amperex Technology Co. Limited (CATL) saw net profit surge 42 percent compared to the same period last year, a company filing showed Friday. <\/p>\n<p>Founded in 2011 in the eastern Chinese city of Ningde, CATL produces more than a third of all electric vehicle (EV) batteries sold worldwide. <\/p>\n<p>CATL&#8217;s net profit during the first half of the year was 43 billion yuan ($6.4 billion), the filing to the Shenzhen Stock Exchange showed, as demand for energy storage critical to the AI industry grows.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Chinese battery giant Contemporary Amperex Technology Co. Limited (CATL) saw net profit surge 42 percent compared to the same period last year, a company filing showed Friday. Founded in 2011 in the eastern Chinese city of Ningde, CATL produces more than a third of all electric vehicle (EV) batteries sold worldwide. CATL&#8217;s net profit during the first half of the year was 43 billion yuan ($6.4 billion), the filing to the Shenzhen Stock Exchange showed, as demand for energy storage critical to the AI industry grows.<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[59,4,10],"tags":[],"class_list":["post-1023555","post","type-post","status-publish","format-standard","hentry","category-it-2-the-economic-times","category-newspapers","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023555","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=1023555"}],"version-history":[{"count":1,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023555\/revisions"}],"predecessor-version":[{"id":1023583,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/1023555\/revisions\/1023583"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=1023555"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=1023555"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=1023555"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}