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Hot News

  • CATL achieved a near two-year high gross profit margin

    CATL achieved a near two-year high gross profit margin

    Against the backdrop of declining revenue, Contemporary Amperex Technology Co. Limited (CATL) continues to maintain an upward trend in net profits, remaining at a scale of over 10 billion yuan, thanks to the improvement in the company's gross profit margin. According to Choice data, the company's sales gross profit margin of 26.42% is the highest in nearly two years. This Q1 performance report has been considered by the industry to exceed expectations, possibly leading to Moody's Investors Service upgrading CATL's issuer rating from Baa1 to A3 today.

  • 【First Batch of Wingman Series Electric Two-Wheeler Batteries Shipped by EVE Battery】

    【First Batch of Wingman Series Electric Two-Wheeler Batteries Shipped by EVE Battery】

  • Gasgoo Daily: NIO rolls out update for Alder intelligent system

    With Gasgoo Daily, we will offer daily important automotive news in China. For those we have reported, the title of the piece will include a hyperlink, which will provide detailed information.

  • Honda China launches new EV series ‘烨 Ye’

    On April 16, Honda officially launched an all-new electric vehicle (EV) series “烨” (Ye) tailored for the Chinese market.

  • LiCarbonate Daily - April 16th Update

    Today's lithium carbonate market faced a downturn, with the SMM index falling to 111,085 yuan/ton (~15,343.23 USD/ton) and futures declining by 3.78%, reflecting cautious market sentiment.

SHFE/LME Ratio
  • SHFE2406/LME03 8.138
    Apr.17
  • SHFE2405/LME03 8.122
    Apr.17
Exchange Rate
  • USD / CNY Apr.16
    7.1028 (+0.0049 | +0.0700%)
  • EUR / CNY Apr.16
    7.5969 (-0.0210 | -0.2800%)
  • GBP / CNY Apr.16
    8.8983 (-0.0180 | -0.2000%)
  • HKD / CNY Apr.16
    0.9071 (+0.0013 | +0.1400%)
  • 100JPY / CNY Apr.16
    4.6419 (-0.0258 | -0.5500%)
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