CATL cooperates with Tesla to promote the implementation of technology licensing model in the United States

CATL and Tesla have reached a technology licensing cooperation to jointly promote the application of lithium iron phosphate technology in the United States. The success of this cooperation model will provide Tesla with more research and development space to focus on artificial intelligence and autonomous driving, and will also open the door to the US market for CATL. This cooperation is expected to significantly promote the development of the US new energy vehicle market in the next few years.