CATL Inks 7-Year Deal to Supply EV Batteries for Honda

Equipped with Hongda's pure EV e:N Series, the EV batteries that Honda ordered will be produced in CATL's production base in Yichun, a city in eastern China's Jiangxi Province.

BEIJING, December 8 (TMTPOST)— Contemporary Amperex Technology Co. Ltd. (CATL), the world’s top electric vehicle (EV) battery maker, is proactively expanding business from overseas major automakers, not just Tesla and other EV companies.

Source: Visual China

From 2024 through 2030, Honda Motor (China) Investment Co., Ltd. will purchase 123 GWh of batteries for pure electric vehicles from CATL, the two companies announced on Thursday. Equipped with Hongda’s e:N Series, the EV batteries that Honda ordered will be produced in CATL's production base in Yichun, a city in eastern China's Jiangxi Province. The battery supply agreement will secure a long-term stable battery supply for Honda and enable both companies to maintain their leading position in e-mobility transition, marking another important milestone for their cooperation, according to the announcement.

The latest supply deal marks CATL and Honda’s strengthening their strategic partnership. The partners signed an agreement to form a comprehensive alliance on new energy vehicles (NEVs) in July, 2020. They said joint development on batteries of NEVs, including battery electric vehicles (BEVs) and plug-in hybrid electric vehicles, as well as further research on battery recycling and reuse would be conducted under the agreement. Honda at that time planned to launch first model powered by the CATL battery in China in 2022, and its alliance with CATL to be further expanded worldwide in the future.

Honda aims to produce 750,000-800,000 electric vehicles in North America in 2030, and its output target in China is about the same, with another 400,000-500,000 units in Japan and other markets, Shinji Aoyama, Honda's global head of electrification, said in April.

The statement Thursday said CATL and Honda will leverage their respective advantages and sharpen their competitive edge, thus contributing to global drive towards e-mobility and carbon neutrality ambitions.

CATL seemed to shift its focus from North America to Europe to increase output. The battery maker announced in August to invest 7.34 billion euros to build a 100 GWh battery plant in Debrecen of east Hungary, its second battery plant in Europe. A month later, Matthias Zentgraf, CATL’s regional president in Europe, said his company is considering building the third facility to produce electric vehicle-used batteries in Europe, and has not made clear decision or movements on it yet.

本文系作者 Li_Dan 授权钛媒体发表,并经钛媒体编辑,转载请注明出处、作者和本文链接
本内容来源于钛媒体钛度号,文章内容仅供参考、交流、学习,不构成投资建议。
想和千万钛媒体用户分享你的新奇观点和发现,点击这里投稿 。创业或融资寻求报道,点击这里

敬原创,有钛度,得赞赏

赞赏支持
发表评论
0 / 300

根据《网络安全法》实名制要求,请绑定手机号后发表评论

登录后输入评论内容

快报

更多

15:22

金饰价格年内大跌400元

15:13

伊朗警告战火或将蔓延至印度洋等更大范围

15:03

证监会主席吴清:过去五年,基金行业股票投资规模增长41%达到13.4万亿元,持有A股流通市值占比达13.7%

14:59

本周安克创新、鼎泰高科等9家企业递表港交所

14:52

银之杰:“被立案调查”等传闻不实,公司已报案追究造谣者法律责任

14:50

证监会主席吴清:以人工智能为代表的全球新一轮科技革命和产业变革加快突破,亟需构建更加适配的金融服务体系

14:49

证监会主席吴清:坚持客户为本,始终注重投资者利益优先

14:45

证监会主席吴清:私募股权创投基金要坚持长期主义、专业主义

14:41

证监会主席吴清:持续完善程序化交易监管的机制安排,坚决打击操纵市场、扰乱市场秩序等违法违规行为

14:40

证监会发布吴清在中国证券投资基金业协会第四届会员代表大会上的致辞

14:25

新加坡国会议长将访华

14:19

跨境券商华盛证券跟进清理内地业务

13:50

普京要求俄政府从明年起促使经济恢复平稳增长

13:49

白宫:伊朗国足已获得签证

13:37

瘦肉猪期货结算价走低

12:53

字节跳动:没有造车或推出汽车品牌的计划

12:25

楼面价首破10万、溢价150%,深圳新“单价地王”诞生

12:17

深圳市东部海区分区雷雨大风黄色预警信号升级为橙色

12:04

美联储年内加息概率飙升,美联储年内加息概率飙至70%

12:04

中国香港和乌兹别克斯坦深化多领域务实合作

扫描下载App