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CATL invests in China cathodes joint venture

Wed, 09/11/2019 - 14:54 -- Paul Crompton
CATL invests in China cathodes joint venture

Chinese lithium battery giant Contemporary Amperex Technology (CATL) and a subsidiary company plan to launch a new business venture focused on cathode materials.

CATL and its Guangdong BrunpRecycling Technology subsidiary will set up the new company – dubbed Lingbo Brunp CATL New Energy – with registered capital of around CNY3.6 billion (US$503 million), CATL said.

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