CATL to Earn Nearly ¥200M Daily in 2025; Honda May Post First-Ever Loss

Major developments rocked the automotive industry this week: Contemporary Amperex Technology Co. Limited (CATL) released its 2025 annual report, reporting revenue of RMB 423.7 billion and net profit of RMB 72.2 billion—equating to nearly RMB 2 billion in daily earnings. The company holds a 39.2% global market share in traction batteries and has ranked first worldwide in energy storage battery shipments for five consecutive years. Meanwhile, Honda Motor Co. announced the cancellation of three electric vehicle models planned for North America. Due to strategic adjustments in its EV roadmap, the company expects to incur losses of USD 15.7 billion and forecasts a net loss of JPY 420–690 billion for fiscal year 2025—the automaker’s first annual loss since its listing in 1957. In other news, NIO’s battery asset management subsidiary, Weineng, secured approval for a RMB 9.8 billion battery infrastructure project in Wuhan’s Optics Valley. ZF Friedrichshafen AG inaugurated its EMB (Electro-Mechanical Brake) by-wire braking system production line in Wuhan Economic & Technological Development Zone. JCET Group officially commenced operations at its new automotive electronics plant in Shanghai’s Lingang Special Area, specializing in packaging and testing of automotive-grade chips. Additionally, ROHM and Toshiba are in talks to integrate their power semiconductor businesses to better compete globally.