CATL announces partnership with Mercedes

Contemporary Amperex Technology Ltd announced on Wednesday a major partnership with Mercedes-Benz to create cutting-edge technology, as the battery giant furthers its future efforts and overseas presence.

Under the new partnership, the two sides will co-develop a full range of battery technologies, from cells across modules for Mercedes-Benz cars to entire battery systems for Mercedes-Benz vans.

The electric luxury sedan Mercedes-Benz EQS will launch next year with a WLTP range of over 700 kilometers and come equipped with cell modules from CATL, the announcement said.

"Mercedes-Benz is a special and important partner to CATL. We are pleased to further expand and upgrade the partnership for both parties' future development," said Robin Zeng, founder, chairman and CEO of CATL.

"This, combined with CATL's expertise in battery, will be a decisive step to both parties' electrification strategies. Together we collaborate on developing and delivering reliable, competitive solutions to promote worldwide e-mobility," Zeng said.

Battery cells are at the heart of complex battery systems. They play a significant role in the performance, range and service life of electric vehicles.

"We intend to lead in battery technologies, so we are now combining our own research and development expertise with bold partners. We will integrate cutting-edge battery systems to create luxury cars with outstanding range, charging speed, safety and sustainability," said Markus Sch?fer, member of the board of management of Daimler AG and Mercedes-Benz AG.