EconomyCATL profit growth slows as fears mount over EV headwinds

Chinese battery maker CATL reported an unexpected slowdown in third-quarter net profit growth. Analysts warned that weaker demand from China’s electric-car industry next year could weigh on the company. Its July–September net profit was 21.25 billion yuan (US$3.18 billion), up 14.54% year on year, according to a Tuesday exchange filing.

CATLthird-quarter earningselectric vehiclesprofit growth

SSouth China Morning Post★★★☆☆2026-10-20 12:56Original