CATL tops 15 Chinese automakers combined in first-half profits
The battery giant posted 43.28 billion yuan in interim net profit, more than double the combined earnings of 15 domestic vehicle manufacturers as showroom price wars erode assembly margins.
WZBy Wei Zhang, China correspondent, semiconductors··Updated September 8, 2026·3 min read
ShareLinkedInXWhatsAppEmailA worker handles an electric vehicle battery module alongside robotic arms on an automated production line. (AI-generated image)
Contemporary Amperex Technology earned more than twice the combined net profit of 15 major Chinese automakers in the first half of the year, industry financial disclosures compiled on Sept. 8 showed.
The 15 vehicle manufacturers listed on exchanges in Shanghai, Shenzhen and Hong Kong posted a combined net profit of 21.05 billion yuan ($3.1 billion). That figure represents a 40% decline from the same period last year.
The documents behind this briefing are linked above. East Asia Brief produces its English text with AI assistance under human editorial review, and does not translate or republish other outlets' articles. See our methodology and AI policy. Spotted an error? Tell us.
China correspondent, semiconductors — Wei Zhang covers Chinese fabs, domestic equipment substitution and the packaging capacity being built to work around import restrictions.
