CATL exclusively invests hundreds of millions of dollars in Fengfei Aviation to deepen cooperation in the eVTOL field

On August 3, CATL and Fengfei Aviation signed a strategic investment and cooperation agreement. CATL invested hundreds of millions of dollars exclusively and became a strategic investor of Fengfei Aviation. Mr. Tian Yu, CATL and investor Team Global will jointly support the development of Fengfei Aviation. Zeng Yuqun, Chairman and CEO of CATL, and Tian Yu, Chairman and CEO of Fengfei Aviation, attended the signing ceremony.