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EV battery maker CATL sees up to 200% jump in profit

Bloomberg Tuesday 11 October 2022 0

Credit: CATL

Contemporary Amperex Technology (CATL) expects its net income to surge to as much as CNY9.8 billion (US$1.4 billion) in the third quarter as the biggest maker of electric vehicle (EV) batteries benefits from strong sales to the automotive industry.

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