On March 13, CATL and BAIC Group signed a strategic partnership agreement on business cooperation and advanced technology application. Both parties plan to join hands to develop EV battery products to further explore the new energy vehicle market.
According to the agreement, CATL will get deeply involved in the vehicle development and production of BAIC Group's electric vehicles, and provide competitive EV battery products and services. The two parties will build a closer strategic partnership to promote all-round cooperation in EV batteries.