China's CATL to deepen battery R&D cooperation with Volkswagen
CATL has signed a strategic cooperation MOU with Volkswagen to deepen partnership in battery R&D, new materials application and components development, the Chinese electric vehicle battery giant said. This partnership aims to accelerate the commercialization of next-generation battery technologies and enhance the competitiveness of EV batteries globally. The collaboration will also focus on exploring battery recycling and swapping solutions to improve sustainability and reduce costs.
- The strategic cooperation between CATL and Volkswagen may be a game-changer in the global electric vehicle market, as both companies possess significant expertise in battery technology and manufacturing.
- How will the growing partnerships between Chinese EV manufacturers and European industry leaders shape the future of sustainable transportation and energy storage?