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CATL Geely steers EV batteries joint venture

Mon, 01/07/2019 - 00:00 -- Hugh Finzel

Lithium battery manufacturer Contemporary Amperex Technology Limited (CATL) has reached an agreement with Chinese peer Geely Auto, to form a joint venture company that will develop and produce batteries for electric vehicles.

The newly formed company— called CATL Geely Power Battery (CATL Geely)— will “ensure the stable supply of high-performance components for Geely Auto’s next generation of electrified vehicles.”

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