CATL Furthers Comprehensive Partnership with Changan Auto
On November 8, CATL signed a memorandum with Changan Auto for the deepening of the bilateral partnership between the two parties.
In the context of the global electrification of the automobile sector, CATL and Changan Auto will combine their respective advantages for the purpose of establishing a long-standing partnership. Thus, the bilateral complementarity will lead to win-win results for both sides, with the elevated capacities in sustainable development and innovation, and the building of strong competitiveness in the market.
According to the memorandum, the next five years will see both sides co-operate across multiple domains, such as joint product launches, research and development, marketing, after-market and overseas market expansion.
