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CATL and Hyundai MOBIS sign CTP technology licensing and partnership agreement

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CATL and Hyundai MOBIS sign CTP technology licensing and partnership agreement

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Featuring highly efficient integration, CTP is a technology that directly integrates cells into packs without modules. By leveraging CATL’s CTP technology, the battery pack’s design improves system energy density, simplifies manufacturing and results in cost savings.

The technology partnership supports both parties in strengthening their respective international market competitiveness. CATL and MOBIS will work together to develop more valuable products for the global electric vehicle (EV) market. It also initiates a new mode of international technology cooperation in the industry, and enables CATL to expand the application of its innovative battery technology worldwide in a bid to achieve global electrification.

SOURCE Contemporary Amperex Technology Co., Ltd.

For further information: Elaine Huang, Tel: +86-(0)593-890 4012, Email: [email protected], http://www.catl.com

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http://www.catl.com

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