# SAIC-GM-Wuling

CATL Maintains Dominance with Robust Q1 Growth Despite Sequential Profit Dip

CATL reported a 52% jump in revenue and a 48% rise in net profit for Q1 2026, maintaining its lead in the global battery market. Despite the strong year-on-year performance, a 10% sequential profit decline highlights seasonal fluctuations and the impact of a maturing domestic EV market.