Contemporary Amperex Technology Co., Limited (CATL), the world’s largest battery manufacturer for electric vehicles, has reported strong financial and operational performance in its 2025 Annual Report, highlighting rapid growth across global markets and expanding investments in zero-carbon technologies.
The Chinese battery giant reported revenue of RMB 423.7 billion in 2025, representing a 17% year-on-year increase, while net profit rose sharply to RMB 72.2 billion, up 42% compared with 2024. The company also recorded net cash flow from operating activities of RMB 133.2 billion, reflecting strong demand for its battery technologies across the electric mobility and energy storage sectors.
Battery Sales and Market Leadership Continue to Grow
CATL maintained its position as the world’s leading power battery supplier, with lithium-ion battery sales reaching 661 GWh in 2025, a 39% increase year-on-year. According to industry data from SNE Research, CATL’s global power battery market share rose to 39.2%, allowing the company to retain the top position globally for the ninth consecutive year.
The company also expanded its presence in international markets, with overseas market share reaching 30%. CATL batteries are now installed in more than 24 million vehicles worldwide, underscoring the company’s central role in the global electric vehicle ecosystem.
Beyond the automotive sector, CATL continued to strengthen its leadership in energy storage solutions, which play a crucial role in supporting renewable power generation and grid stability. The company’s energy storage battery shipments accounted for 30.4% of the global market in 2025, maintaining its number-one ranking for the fifth consecutive year.
Approximately 2,300 energy storage projects worldwide are currently using CATL technology. The company also reported that shipments from its energy storage system integration business grew by more than 160% year-on-year, reflecting rising demand for large-scale energy infrastructure.
Expansion Into New Electrification Sectors
CATL is increasingly expanding its technologies beyond electric vehicles through its “all-domain growth” strategy, which aims to bring electrification to multiple industries.
In the aviation sector, CATL’s subsidiary AutoFlight completed the first public flight of the world’s largest 5-ton-class electric vertical take-off and landing (eVTOL) aircraft, highlighting the company’s progress in electric aviation technology.
In maritime transport, CATL battery systems have received certification from five major international classification societies in China, the United States, Norway, France, and Italy. The company’s battery solutions have already been installed in nearly 1,000 electric vessels globally.
To support sustainable shipping, CATL has introduced a “Ship–Shore–Cloud” integrated zero-carbon shipping system, designed to help maritime operators reduce emissions while improving operational efficiency through digital technologies.
Heavy Investment in Research and Innovation
Innovation remains central to CATL’s strategy. In 2025, the company invested RMB 22.1 billion in research and development, continuing a steady rise in R&D spending.
Over the past decade, CATL has invested more than RMB 90 billion in research, building a strong technological foundation across battery chemistry, manufacturing systems, and energy storage technologies.
The company currently operates six global R&D centres and employs approximately 23,000 researchers. By the end of the reporting period, CATL held 54,538 patents globally, including those pending approval, placing it among the most innovative companies in the battery industry.
CATL is also integrating artificial intelligence into battery development and manufacturing processes, earning recognition from the World Economic Forum’s MINDS award for its project focused on next-generation lithium-ion battery design.
New Battery Technologies Introduced
During 2025, CATL launched several new battery technologies designed to improve performance, charging speed, and sustainability. These included the second-generation Shenxing Superfast Charging Battery, Shenxing Pro Battery, Freevoy Dual-Power Battery, Naxtra Battery, and Super Hybrid Battery.
These innovations aim to deliver faster charging, improved reliability in extreme conditions, and reduced reliance on critical raw materials.
CATL also confirmed that sodium-ion batteries are expected to see wider adoption starting in 2026, with potential applications across passenger vehicles, commercial vehicles, battery swapping systems, and energy storage solutions.
Expanding Manufacturing Capacity Worldwide
To meet growing global demand, CATL continued expanding its production capacity. By the end of 2025, the company’s global manufacturing capacity reached 772 GWh, making it the largest in the industry.
An additional 321 GWh of capacity was under construction, demonstrating CATL’s long-term commitment to supporting the rapidly expanding electric mobility and energy storage markets.
The company also operates several “Lighthouse” factories recognised by the World Economic Forum, including the battery sector’s only “Sustainability Lighthouse” facility, highlighting its leadership in advanced and environmentally responsible manufacturing.
Sustainability and Circular Battery Economy
CATL is also strengthening its sustainability initiatives as part of its ambition to become a global zero-carbon technology leader.
The company achieved carbon neutrality in its core operations in 2025 and continues to work toward reducing emissions throughout its supply chain.
Recycling plays a key role in this strategy. In 2025, CATL processed 210,000 tonnes of spent batteries, a 63.2% increase year-on-year, recovering 24,000 tonnes of lithium salts for reuse in battery production.
The company has also launched the Global Energy Circularity Commitment (GECC) to promote the development of a circular battery economy, ensuring valuable materials are reused and environmental impacts are minimized.
With strong financial performance, expanding global operations, and continued investment in innovation, CATL is positioning itself at the centre of the rapidly evolving clean energy and electric mobility sectors.
The company’s strategy combines battery technology leadership, global manufacturing expansion, and sustainable energy solutions, reinforcing its ambition to become a leading global zero-carbon technology company in the years ahead.
