CATL and DST strengthen cooperation on green logistics

On April 9, CATL and DST NEV serive network (DST) signed an agreement to deepen  strategic cooperation in Ningde, east China's Fujian Province. 

According to the agreement, the parties are expected to carry out in-depth cooperation in areas such as urban delivery vehicle electrification, innovative product development, business model innovation, marketing, and branding, and seek strong synergy in overseas business expansion, regional electrification, automotive insurance, innovative finance, and after-sales services. CATL will provide DST with its leading EV battery products and services, comprehensively helping DST enhance product quality and operational efficiency. Both parties aim to create an ecosystem of high-quality new energy logistics vehicles and accelerate the advent of comprehensive electrification in the logistics sector. 

Founded in 2015, DST is a leading provider of digital and intelligent operation services for logistics NEVs. As of March 1, 2024, DST has deployed and operates over 110,000 logistics NEVs, including minivan, full-size van, light duty trucks, and refrigerator trucks, with a service network spanning 200 cities such as Shenzhen, Beijing, Shanghai, Guangzhou, and Chengdu. This agreement marks that CATL will work with DST to empower China's high-quality green logistics development with more efficient and more environmentally friendly logistics vehicle solutions.