According to the latest investor relations activity records, CATL stated in a conference call that the sales of battery systems in the first quarter exceeded 70GWh, of which energy storage accounted for about 20%. Under the price linkage mechanism, the price of the battery system has dropped slightly.
In the first quarter, CATL achieved an operating income of 89.038 billion RMB, a year-on-year increase of 82.91%; net profit was 9.822 billion RMB, a year-on-year increase of 557.97%. In addition, CATL’s Q1 research and development expenses were 4.652 billion RMB, a year-on-year increase of 81.16%.
CATL stated that the lithium mine sharing plan is one of the company’s series of business strategies, and the company is actively negotiating various win-win business solutions with customer partners. In addition, the overall progress of the Jiangxi lepidolite mine is relatively smooth, and it is expected to be put into production in the middle of this year. In addition, CATL reiterated that it does not seek to become the controlling shareholder of China Molybdenum.
According to previous reports, CATL recently announced that its sodium-ion batteries will be launched in Chery models for the first time. Ningde era also released a new generation of cutting-edge battery technology at the 2023 Shanghai International Automobile Industry Exhibition – a condensed matter battery, with a single energy density of 500Wh/kg. It has mass production capacity.
According to the February 2023 New Energy Vehicle Three-Electric System Insight Report jointly released by the Passenger Passenger Association and Creat Consulting, the installed capacity of new energy vehicle power batteries in February was 18.4 GWh, a year-on-year increase of 66%. Ningde era occupies 49.1% of the market share, ranking first, with a total installed capacity of 8092MWh.