CATL Shares Hit All-Time High of 460 Yuan (+5.5%) as China's Scheduled Battery Production Hits Record 249 GWh in May — Third Consecutive Monthly Record

CATL's Shenzhen A-share stock surged 5.50% on May 6, 2026 to close at a new all-time high of 460 yuan per share, driven by data showing China's total scheduled lithium battery production reached 249 GWh in May — a 6% month-on-month increase and the third consecutive monthly production record for the Chinese battery sector. The broader battery sector rallied in tandem: Gotion High-Tech rose 4.95% and Eve Energy gained 4.06% at the close. The production record reflects surging demand from both the EV sector and the rapidly expanding grid-scale battery energy storage market, where global BESS shipments reached 421.2 GWh in 2025 (+75.5% YoY) with 600 GWh projected for 2026. CATL's dominant position is underscored by fresh Q1 2026 data: the company holds a 40.7% global EV battery market share (January–March 2026), up from its ~39.2% 2025 full-year figure, with Q1 production of 99.5 GWh (+15.2% YoY). CATL's record stock price reflects investor confidence following its $5B Hong Kong share placement (April 30), the 60 GWh HyperStrong sodium-ion deal, and the company's Q1 2026 net profit of ¥20.7 billion (~$2.8B, +49% YoY) — its highest quarterly profit ever.