CATL Q1 profit jumps 33% even as EV demand slows, battery prices fall

Net income tallied 14 billion yuan and revenue grew just over 6 percent to 84.7 billion yuan in the latest quarter. CATL’s scale allows it to spread costs out and deliver greater efficiencies.

CATL Q1 profit jumps 33% even as EV demand slows, battery prices fall
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