The 2026 Fortune Global 500 list reveals a stark contrast between revenue scale and profitability for Chinese automakers. While companies like BYD and CATL posted impressive revenue growth, profit performance tells a different story.
3713 hours ago
GAC Aion officially launched its new "Ray" lineup, with the Ray 7 as the series' first pure-electric flagship targeting young consumers. The vehicle features CATL's "Magazine" battery safety technology, L4-derived autonomous driving algorithms, and LiDAR, with a length of approximately 5 meters. The launch follows AION S battery concerns, to which Aion responded with extended warranty measures.
48419 hours ago
CATL released H1 2026 report: revenue of 276.9B yuan up 54.8% YoY, net profit 43.28B yuan up 42%. Domestic power battery market share reached 46.7%, overseas share 33.7%. EX1000.COM
3962 days ago
Fortune's 2026 China 500 list features 36 automotive firms with $940.2B combined revenue. New forces surged in rankings while Li Auto was the only startup to see a decline.
5245 days ago
China's power battery industry showed "quantity and quality rising together" in H1 2026: exports reached 122.7GWh (+50.3%), June installations hit records with NEV penetration breaking 63.6%, and stricter safety standards took effect in July.
1945 days ago
In H1 2026, CATL net profit reached 43.2 billion yuan (+40% YoY). It signed a strategic partnership with Dalian Deta covering V2G, battery swap, and green transport.
4725 days ago
CATL and Bulgarian Solarpro have signed a 2GWh sodium-ion battery storage agreement, planning to launch Central and Eastern Europe's first large-scale sodium-ion project by year-end. The TENER Sodium system supports 15,000 charge-discharge cycles.
4727 days ago
CATL signed a 2-GWh sodium-ion battery storage agreement with Bulgaria's Solarpro, planning to deploy Central and Eastern Europe's first large-scale sodium-ion storage project by year-end. TENER Sodium supports 15,000 cycles, 25-30 year lifespan, and retains 92% capacity at -20°C.
3028 days ago
The China Automotive Power Battery Industry Innovation Alliance released June 2026 data showing sustained high-speed growth in the power battery sector. Combined production of power and energy storage batteries reached 206.0 GWh in June, up 59.5% YoY. Combined sales hit 196.0 GWh, up 49.1% YoY. Energy storage battery growth (67.5%) significantly outpaced power batteries (41.8%), with export share continuing to climb.
32710 days ago
On July 16, CATL signed an MoU with Alfen N.V., a leading European renewable energy integrator, to deploy 5 GWh of CATL's Tianheng sodium-ion energy storage systems across the Netherlands and Western Europe from 2027. The system is designed for a 25-year lifespan with nearly 2% RTE improvement and is compatible with LFP technology, providing a zero-carbon diversification option for Europe's energy transition.
48910 days ago
On July 16, Geely Galaxy unveiled the "Thunder 16-in-1 Intelligent Electric Drive," thrusting InfiMotion into the industry spotlight. The system integrates 16 core hardware components and functions into a 75 kg package, powering the Galaxy TT to two Guinness World Records. InfiMotion's projected 2026 revenue of 20 billion yuan positions it as a potential "CATL of the electric drive sector."
55410 days ago
In 2026, the NEV battery supply chain is undergoing a silent revolution. CATL's once-dominant exclusive supply model is being systematically dismantled by Xiaomi, Li Auto, and Harmony Intelligent Mobility. Second-tier battery makers like Sunwoda, CALB, and Gotion are rapidly rising as core options for diversified sourcing. This supply chain restructuring not only reshapes domestic competition but also brings more cost-competitive battery solutions to export models targeting Central Asia, Russia, and other emerging markets.
27511 days ago
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