CATL's Ampace and Octopus Energy Expand Partnership into Smart Home Energy Storage

London, 26 October 2026. Contemporary Amperex Technology Co., Limited (CATL) and its subsidiary Ampace have signed a Memorandum of Understanding (MoU) with Octopus Energy, a leading UK energy technology company, to explore collaboration in residential energy storage, smart energy management and clean energy services. The companies will draw on their complementary strengths to help build a more efficient, intelligent and sustainable distributed energy system.

Ampace is a leading provider of energy storage batteries and system solutions, with a strong presence in the global residential storage market. Backed by deep engineering capability and rigorous quality management, the company delivers safe, reliable, high performance storage products and works closely with partners worldwide to make home energy more flexible, dependable and sustainable.

Under the MoU, Ampace and Octopus Energy will look at how to combine Ampace's expertise in battery technology, system integration and manufacturing with Octopus Energy's strengths in digital energy solutions and energy market services. Areas of focus include storage technology, product innovation, digital energy management and new approaches to residential energy, shaped around the needs of a changing market. The companies will also explore the potential of sodium ion battery technology for residential energy storage, broadening the range of safe, cost effective storage options available to households.

"Our partnership with Octopus Energy continues to deepen, built on a shared belief that electrification should make clean energy more affordable and accessible for everyone,"  said Oscar Luo, Head of Overseas Investment, CATL. "From heavy transport to residential storage, we are combining CATL's battery technology with Octopus Energy's smart energy expertise to accelerate that shift. Through Ampace, we look forward to helping more households benefit from cleaner, lower cost energy and a more flexible, resilient grid."

"The future of energy is about more than generating or storing more power. It is about making energy smarter, more connected and more accessible,"  said Jason Zhu, President of Energy Storage Systems, Ampace. "Advanced batteries, intelligent energy management and new energy services are coming together to change how energy is delivered and used. Working with Octopus Energy, we aim to accelerate that shift, open up new possibilities across the energy ecosystem and help build a cleaner, more sustainable energy future."

"Combining CATL and Ampace's world-leading battery chemistry with Octopus's smart tech and customer platform will transform home energy storage," said Greg Jackson, Founder and CEO, Octopus Energy Group. "Together, we're building next-generation batteries where hardware and software work in complete harmony to slash energy bills and speed up the green energy transition."

The collaboration reflects a shared ambition to drive innovation across the residential energy value chain, unlock greater value from distributed energy resources and support the shift to a cleaner, smarter energy system. Through ongoing dialogue, the companies aim to develop solutions that better serve customers and support the lasting growth of the distributed energy market.