CATL and Ford deepen strategic cooperation

The strategic cooperation between CATL and Ford has been further deepened, and the two parties plan to jointly develop a new generation of battery technology. CATL will provide Ford with lithium iron phosphate batteries, which are expected to be used in models such as Mustang Mach-E and F-150 Lightning next year. In addition, the two parties will also deepen cooperation in technology research and development, supply chain, production and manufacturing. This move is aimed at meeting the demand for electrification in the North American market and accelerating Ford's electrification process.