CATL and SAIC Motor deepen strategic cooperation

CATL and SAIC Motors have signed a strategic cooperation agreement to promote win-win cooperation in multiple fields, including technology co-creation, vehicle and battery aftermarket, overseas business development, vehicle-battery separation, etc. According to the agreement, the two parties will jointly develop power battery products suitable for SAIC Motors, among which CATL's Kirin battery, Shenxing battery and other innovative technologies will be applied to SAIC models first.