Country for PR: China
Contributor: PR Newswire Asia (China)
Thursday, September 05 2019 - 19:16
AsiaNet
Accelerating electrification, CATL and Bosch collaborate on 48V battery cells
NINGDE, China, Sept. 5, 2019 /PRNewswire-AsiaNet/ --

Contemporary Amperex Technology Co. Limited (CATL) and Bosch have concluded a 
long-term strategic cooperation agreement. CATL will supply reliable 48-volt 
battery cells for Bosch's 48-volt battery system globally.

The development of Lithium-ion technology makes energy efficient mobility no 
longer only a slogan. The 48V battery system of Bosch with CATL Battery cells 
is aiming to provide a more effective, affordable and flexible solution to 
electrify ICE vehicles and reduce emission and consumption. "Bosch has a broad 
electric mobility portfolio, as well as deep understanding of and expertise in 
the automobile industry," said Zhou Jia, the president of CATL. "The strong 
alliance between CATL and Bosch will be a driving force in realizing our shared 
vision of the future, where we see energy efficient mobility as a common 
feature of daily life for people everywhere." 

"With CATL, we have brought an established cell specialist for lithium-ion 
batteries on board as a partner. In combination with our systems know-how and 
expertise in battery management, we will extend our strong position in the 
48-volt battery market," says Dr. Stefan Hartung, member of the board of 
management and chairman of the Mobility Solutions business sector. For Bosch, 
this alliance is another step on the path to market leadership in 
electromobility.

With the cooperation between CATL and Bosch, both parties benefit from joint 
R&D activities and manufacturing about lithium-ion battery system. By launching 
products that could better meet different market needs, the two companies work 
closely for speeding up the realization of energy efficient mobility.

About Contemporary Amperex Technology Co., Limited

Contemporary Amperex Technology Co., Limited ("CATL") is a global leader in the 
development and manufacturing of lithium-ion power and energy storage 
batteries, with businesses covering R&D, manufacturing and sales in battery 
system for new energy vehicle and energy storage system. In 2018, the company's 
sales reached 21.31 GWh worldwide, and its product sales volume ranked first in 
the world (according to data from SNE Research).

Headquartered in Ningde, China, CATL has more than 24,000 employees around the 
world and subsidiaries in Beijing, Liyang (Jiangsu Province), Shanghai and 
Xining (Qinghai Province), as well as in Munich (Germany), Paris (France), 
Yokohama (Japan), Detroit (USA) and Vancouver (Canada). In addition, the 
company owns and operates battery manufacturing facilities in Fujian, Jiangsu 
and Qinghai provinces, and the Europe plant located in Erfurt, Germany, as well 
as the first overseas plant, is under construction. In June 2018, the company 
went public on the Shenzhen Stock Exchange with stock code 300750.

For more information, please visit: http://www.catlbattery.com/.

SOURCE  Contemporary Amperex Technology Co., Ltd.
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