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Chinese EV battery maker CATL expected to see strong growth in 2025, analysts say

US investment bank Jefferies raises CATL price target after company reports record profit for 2024.



Analysts predict strong growth for CATL in 2025, driven by global EV and energy storage market momentum, following a record profit in 2024 despite a revenue decline due to lower raw material costs and product price adjustments. Jefferies set a 12-month price target of 413 yuan, while Huatai Securities expects improved product premiums and overseas expansion to boost profitability.

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