CATL and Enter into Strategic Partnership



On April 13, CATL and signed a strategic cooperation agreement in the city of Ningde, Southeast China's Fujian Province, eyeing comprehensive strategic cooperation in new energy vehicles, used new energy vehicles, and other fields. 

According to the agreement, in the field of new energy vehicles, CATL will provide with competitive products and service guarantee for the latter to develop the new energy vehicle market, while in the field of used new energy vehicles, will give full play to its advantages including user base, channel and platform in order to promote the large-scale and standardized development of used new energy vehicles together with CATL to forge the brand influence of CATL. In addition, the two parties will cooperate in other fields including domestic household energy storage and new energy vehicle aftermarket. 

In the future, the two parties will establish a sustainable partnership on the principle of "joint contribution, shared benefits and mutual responsibilities" to achieve leapfrog development through resource sharing, advantage complementing and business innovation.