On December 20, CATL and Changan Automobile celebrated the signing of a joint-venture agreement in Chongqing, a municipality in Southwest China.
The establishment of the joint venture will further complement both parties' advantages, promote symbiotic cooperation and realize a win-win situation. CATL will give full play to its innovation capabilities and core advantages in the value chain of EV battery R&D, manufacturing and aftermarket services to help Changan Automobile build cutting-edge product competitiveness across the world.