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STOCKS | CATL First-Half Profit Jumps 42% on Energy Storage Demand

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2026-07-24 12:01:00
Contemporary Amperex Technology Co. Ltd. posted a 42% increase in first-half profit as strong demand for energy-storage systems boosted the world’s largest electric-vehicle battery maker, according to Bloomberg.

The company, better known as CATL, benefited from the tailwind in energy storage during the period.
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