
CATL: Profits Up 42% as Energy Storage, Not Just EVs, Drives Growth
Everyone's watching electric cars, but someone's making serious money from batteries, just not how you'd expect. CATL, the battery giant, just saw its profits skyrocket.
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Saturday, August 1, 2026
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Everyone's watching electric cars, but someone's making serious money from batteries, just not how you'd expect. CATL, the battery giant, just saw its profits skyrocket.

While your phone struggles to make it through the day, electric cars on Chinese roads have a surprisingly short average lifespan. Apparently, they last less than your handset.

Volkswagen is getting serious about survival. CEO Oliver Blume is planning drastic moves: tens of thousands of jobs at stake and factory closures on the table to stay competitive.
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Electric cars are the future, but there's a small hitch: where do you actually charge them? Terawatt, the company that powers Waymo's charging needs, just secured $300 million to build out its network of charging stations across the US and internationally.

While everyone's obsessing over powering AI, CATL has decided to crack the energy puzzle from an unexpected angle: sodium-ion batteries. Here's the kicker: your parked electric vehicle could become a power plant.