China’s Contemporary Amperex Technology Co. Limited (CATL), a global leader in battery manufacturing, has entered into a new strategic agreement with Geely Auto, one of the country’s foremost automotive groups, to deepen their collaboration in the electric vehicle (EV) sector.
This enhanced partnership is designed to drive innovation in power battery technology, strengthen product platform integration and optimise supply chain systems. The initiative is part of a broader strategy to meet the rapidly growing demand for EVs both domestically and in international markets.
By aligning their respective strengths, CATL and Geely intend to bolster their competitive position in the global automotive landscape. The collaboration is expected to accelerate the development of advanced EV technologies and improve the efficiency of production, supporting the continued evolution of the electric mobility sector.
As demand surges for cleaner, more sustainable transportation solutions, both companies are positioning themselves to lead the transition through technological synergy and supply chain agility.
-TechInAsia