Review of the cooperation between CATL and Nezha Auto

The cooperation between CATL and Nezha Auto can be traced back to 2018, when Nezha Auto's first mass-produced model, Nezha N01, was equipped with CATL's batteries. On March 2, 2020, the two parties formally signed a strategic cooperation agreement to deepen cooperation in the field of new energy batteries. CATL provides Nezha Auto with advanced CTP high-integration battery Pack technology and battery technology with a 5-year and 500,000-kilometer long cycle life. In November 2021, CATL participated in Nezha Auto's D2 round of financing and fully launched strategic cooperation in the fields of technology research and development and supply chain security. In October 2023, the two parties signed another agreement to deepen strategic cooperation, and will deeply cooperate in market business in the future, including new projects and new technology cooperation, Shenxing battery supply, and overseas business expansion.