CATL storage revenue jumps 88% as first-half profit reaches CNY 43.3 billion

ESS News reports CATL recorded CNY 276.92 billion in first-half revenue, up 54.8% year on year, while net profit rose 42% to CNY 43.28 billion. Revenue from energy storage battery systems reached CNY 53.26 billion, and the company reported 525 GWh of battery system capacity with 764 GWh under construction. The figures matter for solar and storage markets because CATL’s scale, overseas expansion, and inventory build can shape BESS pricing and supply availability globally.