CATL Signs Strategic Cooperation Framework Agreement with Southwest China’s Chengdu City

Automotive Author: Yuxi Hou, Reprinted from CATL Aug 10, 2022 04:09 PM (GMT+8)

Chengdu Municipal Government teamed up with CATL and signed a strategic cooperation framework agreement to promote battery swap operation, comprehensive utilization of resources, manufacturing of key battery materials, and R&D on new energy storage.

CATL

CATL signed a strategic cooperation framework agreement with the Chengdu Municipal Government On July 30.

 The two parties will carry out all-round cooperation in the fields of battery swap operation, research and development, comprehensive utilization of resources, manufacturing of key battery materials, new energy and energy storage.

In addition, cooperation agreements were signed between CATL and the government of Xinjin District, between Contemporary Amperex Energy Service Technology Ltd. (CAES) and Chengdu Communications Investment Group Corporation Limited, and between CATL Yongfu New Energy Technology Co., Ltd. and Chengdu Environment Group.

In terms of battery swap cooperation, the two parties will actively promote the research, development and application of battery swap technologies. Based on the mode of battery-vehicle separation, CAES's modular battery swap solution will solve the three major problems of facing the electric vehicle industry, namely, the range anxiety, the inconvenience of refueling and the high total cost of ownership. 

It aims to provide users in Chengdu with convenient and reliable mobile power solutions and services. In addition, CATL will gather relevant industrial resources to actively promote the transformation and upgrading of Chengdu's automobile industry.

The signing of the agreements marks the full launch of strategic cooperation between CATL and Chengdu, which is also an important step of CATL’s development of the industry chain in Sichuan Province. In the future, CATL will give full play to its comprehensive advantages, promote the green and low-carbon industries in Chengdu, and help Chengdu grow into an important base of innovation for the high-quality development of the lithium-ion battery industry of China and a demonstration city of interconnected battery swap solution in China.