Recently, Tesla has indicated that it plans to diversify its battery supply for the Asian market, moving away from its near-total reliance on Panasonic. Now Contemporary Amperex Technology (CATL), China’s largest EV battery-maker, has confirmed the signing of a two-year supplier agreement with Tesla. The agreement does not specify the volume of cells to be… Read more »
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Daimler and CATL partner on battery modules for e-trucks
Battery producer Contemporary Amperex Technology (CATL) and Daimler Trucks & Buses have signed an agreement for CATL to provide Daimler with Li-ion battery modules beginning in 2021. The agreement covers the Mercedes-Benz eActros, Freightliner eCascadia and Freightliner eM2 electric trucks. Frank Reintjes, Daimler’s Head of Global Powertrain, E-Mobility and Manufacturing Engineering, said, “We are constantly… Read more »
Toyota accelerates its electrification plans, teases six new EVs
EV advocates have long been puzzled by the policies of Toyota. The company that initiated vehicle electrification in 1997 with the Prius, and that currently makes the second-best-selling plug-in vehicle in the US (the Prius Prime) has consistently dismissed the benefits of pure EVs, insisting that hybrids are superior, and diverting resources to fuel cell… Read more »
Honda and CATL to cooperate on EV development
Honda and EV battery manufacturer Contemporary Amperex Technology (CATL) have signed a cooperation agreement to develop EVs. CATL will provide Honda with 56 GWh worth of EV batteries by 2027. CATL will also set up a local office in the Japanese city of Utsunomiya, the location of Honda’s Automobile R&D Center. The cooperation agreement will… Read more »
Bullish on batteries, Daimler to invest more than $23 billion in battery cells by 2030
To support its goal of electrifying the entire Mercedes portfolio by 2022, Daimler plans to invest more than €20 billion ($23 billion) in battery cells by 2030. The company will also invest €10 billion in expanding the Mercedes-Benz electric fleet and €1 billion in its global battery production network. Daimler currently has battery supply deals… Read more »
Chinese battery manufacturer CATL opens first North American base
Contemporary Amperex Technology (CATL), a China-based manufacturer of battery products, has opened its first North American sales and service facility. The new Detroit base is CATL’s fourth international site, following the opening of a Japanese subsidiary in May. CATL already supplies the North American market with core battery technologies for EVs and energy storage applications…. Read more »
BMW signs billion-dollar battery supply contract with China’s CATL
Contemporary Amperex Technology Ltd (CATL) is on a serious roll – China’s biggest battery builder issued a successful IPO on the Shenzhen stock exchange earlier this month, and has been announcing new supply contracts left and right – Daimler, Honda, Nissan/Renault, SAAB successor NEVS and EV startup Byton are now customers, and there are rumors… Read more »
Toyota, Nissan, Honda, Panasonic partner to develop solid-state batteries
Japan’s New Energy and Industrial Technology Development Organization (NEDO) has launched a public-private project to develop solid-state battery technology. Some 23 companies, including Panasonic, Toyota, Nissan and Honda, are involved. The group has set 2022 as the target date to develop core solid-state technologies, and ultimately aims to lower battery pack cost to $90 per… Read more »
CATL to help Honda develop new Fit EV in China
Honda will team up with Chinese battery-maker Contemporary Amperex Technology (CATL) to develop a new EV based on the Fit (Honda sold a previous electric version of the Fit as a California compliance car from 2013-2015). The latest attempt at an electric Fit will be introduced in China and elsewhere by the first half of… Read more »
Nissan, Renault to buy EV batteries from CATL
Chinese battery maker Contemporary Amperex Technology Ltd (CATL) will be providing batteries for Nissan’s Sylphy electric sedan, which is scheduled to hit the Chinese market in the latter half of the year. This marks the company’s first deal with a Japanese automaker. The Sylphy, one of 20 electrified vehicles Nissan plans to release in China… Read more »