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On October 21, CATL released its financial report for the third quarter of 2025. The company reported revenue of 104.19 billion yuan, a year-on-year increase of 12.9%; .net profit of 18.5 billion yuan, up 41% year-on-year; and adjusted net profit, which excludes non-recurring gains and losses, of 16.4 billion yuan, a 35% increase compared to the same period last year.
During the earnings conference, CATL stated that its sodium-ion batteries demonstrate advantages in low-temperature performance, carbon footprint, and safety, making them suitable for broad application in passenger and commercial vehicle powertrains, among other fields.
The company announced that its sodium-ion battery has passed the new Chinese national standard certification, making it the world's first sodium-ion battery to achieve this certification. Currently, CATL is actively collaborating with partners to develop and deploy sodium-ion batteries for passenger vehicle powertrains, with progress reported to be smooth.
At a previously held World Young Scientist Summit, Wu Kai, Chief Scientist of CATL, revealed, "CATL has completed the development of its second-generation sodium-ion battery, which can operate normally in extreme cold as low as -40°C, enabling large-scale application in severely cold regions. The second-generation sodium-ion battery is expected to be launched in 2025."
Additionally, CATL's monetary funds and tradable financial assets totaled over 360 billion yuan at the end of the reporting period, providing a solid foundation for high-intensity R&D investment and large-scale global capacity expansion. Based on its forward-looking assessment of market demand, the company is proactively advancing capacity expansion to efficiently respond to a surge in customer orders.