Contemporary Amperex Technology (CATL)

Battery giant Contemporary Amperex Technology (CATL) has broken ground on a 50GWh lithium-ion battery production base in Yichun, east China’s Jiangxi Province. 

The first phase of the project involves an investment of 13.5 billion yuan ($2.1 billion) and is a cornerstone of the Yichun city’s plans to develop itself into a sustainable lithium-ion battery hub in Asia.

The plant is part of CATL’s wider plans for increasing its energy storage presence.

On 22 October, CATL signed a strategic cooperation agreement with state-controlled power generation company China Huadian to jointly develop energy storage, new energy, and integrated smart energy projects, reported Argus Media.

The firms had previously agreed to build a 100/200MWh lithium-ion energy storage project in Tengzhou in east China's Shandong province— however, further details have not yet been released.

In October, the firm also signed an agreement with state-owned mining and energy comany China Energy Investment Corporation (China Energy) to strengthen their partnership on new energy storage technology system and application scenarios.

Battery maker Contemporary Amperex Technology (CATL) is partnering with vehicle OEM Honda to develop new lithium-ion batteries for use in electric vehicles as well as recycling. 

The agreement will strengthen the companies’ strategic partnership and allow both firms to conduct joint development on EV batteries and conduct joint R&D into fundamental technologies. 

Battery maker Contemporary Amperex Technology (CATL) formed a joint venture with wind farm developer Baicheng New Energy on 6 March with the goal of bringing electric vehicle charging posts to market across China.

The China firms have launched Shanghai Kuaibu New Energy Technology with registered capital of 50 million yuan ($7 million). CATL will hold a 49% share, with the remaining held by Baicheng.

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.

China battery making giant Contemporary Amperex Technology (CATL) will supply lithium-ion batteries to Japanese vehicle OEM Toyota following confirmation of a partnership between the two firms on 17 July.

As BEST Battery Briefing reported last month, the agreement includes the supply and future development of batteries for Toyota-branded electric vehicles to be released in China and other markets starting in 2020.