CATL Reports Significant Profit Growth in 2024 Driven by Robust EV Battery Demand

In a landmark announcement, Contemporary Amperex Technology Co. Limited (CATL), a global leader in lithium-ion batteries and electric vehicle (EV) solutions, revealed a remarkable 15% increase in profit for the year 2024. This surge is primarily attributed to the relentless demand for electric vehicle batteries around the world.

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