Tag: earnings

Mar 27, 2022 - 04:02 pm

Vitesco records major earnings from electrification

Vitesco Technologies has published its 2021 earnings and the focus on 800-Volt technology was paying off. E-mobility products made up almost half of their revenue last year. The news also saw the company announcing another major order worth around two billion euros for its latest electric drive system.

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Jul 26, 2021 - 11:25 pm

Tesla reports more than $1 billion in net income in Q2

The latest Tesla earnings call reveals a tenfold increase in net income as Tesla made over one billion dollars after expenses. The company also continues to produce at capacity, amid persisting global challenges and record demand for electric cars.

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Oct 31, 2018 - 06:38 pm

CATL & Panasonic profits drop due to investments

Competing for the top of the battery value chain comes at a cost as the latest earnings of both CATL and Panasonic show. While China’s cell making powerhouse reports a plus 60% in revenue, their profit fell. Panasonic paints a similar picture and in both cases, investments are weighing heavy – for now.

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Found on electrive.com
https://www.electrive.com/2022/03/27/vitesco-technologies-records-major-earnings-from-electrification/
27.03.2022 16:52