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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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CATL opens first US office in Detroit

Mon, 12/17/2018 - 00:00 -- Hugh Finzel

Chinese lithium-ion manufacturer Contemporary Amperex Technology Limited (CATL) is opening its first North American sales and service facility, in Detroit, Michigan, as the company looks to stake its claim on the US battery market.

CATL has established “a series of partnership agreements with world-renowned car manufacturers” such as BMW, Daimler, and Jaguar Land Rover.

The Detroit facility will help CATL to “improve the supply of lithium-ion batteries to the US auto market and to support the expansion of EV manufacturing.”

 

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VW adds SK Innovation to battery cells suppliers group

Mon, 11/19/2018 - 00:00 -- John Shepherd
VW modular electric toolkit

Volkswagen has expanded its Asian network of electric vehicle battery suppliers to include South Korean manufacturer SK Innovation (SKI).

VW’s board member for procurement, Dr Stefan Sommer, said SKI would supply batteries along with South Korean peers LG Chem and Samsung, plus China’s Contemporary Amperex Technology (CATL). 

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Germany coughs up cash to host CATL gigafactory

Mon, 07/16/2018 - 12:39 -- Xuan Zhong
Germany coughs up cash to host CATL gigafactory

Germany is dipping into an economic aid fund to support the construction of a battery cells factory in the country by Chinese lithium giant Contemporary Amperex Technology (CATL), BEST Battery Briefing can reveal.

CATL confirmed last week it would invest €240 million (US$280m) to build the electric vehicle (EV) battery plant at Erfurt, in the east-central state of Thüringen.

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CATL clinches EV battery deal with Renault

Tue, 05/22/2018 - 08:55 -- Xuan Zhong
CATL clinches EV battery deal with Renault

Chinese lithium battery giant Contemporary Amperex Technology (CATL) is to supply batteries for Renault’s Kangoo ZE electric vehicle range, BBB has confirmed.

And Renault’s EV “alliance” partner, Nissan, has told BBB it will also use Chinese-made batteries for its first mass-produced Sylphy Zero Emission EVfor China— although it declined to name the supplier. 

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CATL ‘signs EV batteries deals with Daimler, Hyundai’

Thu, 05/10/2018 - 09:48 -- Xuan Zhong
CATL ‘signs EV batteries deals with Daimler, Hyundai’

China’s Contemporary Amperex Technology (CATL) has reportedly been awarded contracts to supply electric car batteries to Germany’s Daimler and South Korea’s Hyundai Motor. 

Daimler’s procurement executive Sabine Angermann confirmed the firm’s involvement with CATL at a press conference in Stuttgart, according to Reuters.

 

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Volkswagen ‘to buy EUR20bn of batteries from Asia’

Wed, 05/09/2018 - 09:51 -- Xuan Zhong
Volkswagen ‘to buy EUR20bn of batteries from Asia’

Volkswagen has reportedly earmarked EUR20 billion ($25bn) to buy in lithium batteries for its electric vehicle business from China’s CATL, South Korea’s LG Chem and Samsung SDI.

China’s state Xinhua News Agency said the move was agreed by VW at its annual general meeting in Berlin— although BBB could not independently confirm the report.

 

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China battery recycler GEM signs Glencore cobalt supply deal

Mon, 03/19/2018 - 11:42 -- Xuan Zhong
China battery recycler GEM signs Glencore cobalt supply deal

Chinese battery recycler GEM has signed a three-year colbalt materials supply deal with Swiss mining company Glencore.

GEM said the move would secure materials needed to supply batteries to China’s growing electric vehicle market.

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CATL snaps up Canadian lithium firm

Mon, 03/19/2018 - 11:17 -- John Shepherd
CATL snaps up Canadian lithium firm

China’s CATL has reportedly bought a 90% controlling stake in a Canadian lithium firm— to shore up supplies of the key raw material for its expanding global battery business.

Contemporary Amperex Technology (CATL) acquired 36.6 million shares of North American Lithium from Jilin Jien Nickel Industry, according to the China Daily.

 

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Now China’s CATL ‘makes play for EU expansion’

Mon, 03/12/2018 - 12:13 -- Xuan Zhong
Now China’s CATL ‘makes play for EU expansion’

Chinese battery giant CATL is reportedly on the lookout for a site in Europe to manufacture lithium-ion batteries for the electric vehicle market, after becoming a supplier for Volkswagen cars built in China.

According to Bloomberg, CATL (Contemporary Amperex Technology Co) “is close to” deciding on a site in either Germany, Hungary or Poland to build what would be its first overseas automotive battery manufacturing plant.

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