CATL and Toyota Form Comprehensive Partnership for New Energy Vehicle Batteries

CATL and Toyota Form Comprehensive Partnership for New Energy Vehicle Batteries

Contemporary Amperex Technology Co., Limited

Toyota Motor Corporation

Using technologies acquired through the development of batteries and electrified vehicles,

the agreement includes not only the supply of batteries, but also consideration to the evolution and development of batteries for a wide range of fields such as

Development and supply of batteries for New Energy Vehicles (NEVs)

Development of new battery system technologies and improvements to the quality of current cell technology

Reuse and recycling of batteries

Toyota City, Japan, July 17, 2019

Contemporary Amperex Technology Co., Limited (CATL) and Toyota Motor Corporation

announced today that they have entered into a comprehensive partnership agreement for the stable supply and further development of NEV batteries.

Toyota Motor Official Global Website

https://global.toyota/en/newsroom/corporate/28913488.html