CATL reports 22% revenue growth in 2023; consolidates position in EV battery market
CATL's revenue surged to 400.92 billion yuan (USD 56.52 billion approximately), up by 22.01% compared to the previous year. Simultaneously, the company's net profit reached 44.12 billion yuan (USD 6.22 billion approximately), showing a significant increase of 43.58% Y-o-Y.
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