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 »
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 »
Chinese battery builder Contemporary Amperex Technology Limited (CATL) and Finnish contract manufacturer Valmet Automotive have formed a strategic partnership to develop electric automotive solutions. As part of the deal, CATL has taken a 22% ownership position in Valmet. CATL currently offers NCM and LFP Li-ion chemistries in cells, modules and packs. The companies’ strategy is… Read more »