Contemporary Amperex Technology Co. Ltd. is expected to sustain strong profitability in coming years, supported by continued upgrades in high-end battery products, according to analysts at DBS Bank Ltd.. The firm is also positioned to benefit from rapid growth in energy storage installations. CATL is ramping up capacity at its Germany plant and building new facilities in Hungary, Spain and Indonesia to meet rising demand. DBS maintained a buy rating and raised its target price to HK$925 from HK$

2026-04-21

Contemporary Amperex Technology Co. Ltd. is expected to sustain strong profitability in coming years, supported by continued upgrades in high-end battery products, according to analysts at DBS Bank Ltd.. The firm is also positioned to benefit from rapid growth in energy storage installations. CATL is ramping up capacity at its Germany plant and building new facilities in Hungary, Spain and Indonesia to meet rising demand. DBS maintained a buy rating and raised its target price to HK$925 from HK$675