NIO and CATL New Strategic Battery & Technology Partnership

NIO and CATL New Strategic Battery & Technology Partnership

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NIO and CATL  signed a five-year comprehensive strategic cooperation agreement in the city of Ningde China to strengthen their partnership, with the intention of advancing their respective EV brands and technology, growing battery supply chains, and extending their reach into new markets.

"CATL is a global leader of new energy innovative technologies, committed to providing premier solutions and services for new energy applications worldwide." CATL Website

Contemporary Amperex Technology Co Ltd is a globally acclaimed energy technology firm and the largest EV battery producer in China. 2020 marked the fifth anniversary of their reign as the world’s premier battery manufacturer.

Image: CATL

CATL and NIO will continue to capitalise on their respective strong points to construct a battery supply system with increased efficiency, improved innovation and higher efficiency due to advanced battery technology; all of which will give smart electric vehicle users an enhanced travelling experience.

CATL Business Layout

"Wei Zhu, executive president of passenger vehicle business unit of CATL, and Alan Zeng, senior vice president of NIO, signed the agreement. Dr. Robin Zeng, founder, chairman and CEO of CATL, and William Li, founder, chairman and CEO of NIO, attended the signing ceremony." CATL Website

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