Contemporary Amperex Technology Co., Limited (“CATL”) and Ford Motor Company (“Ford”) have announced a non-binding MOU outlining Global Strategic Cooperation including supplying batteries in China, Europe and North America.
The two companies plan to leverage their respective strengths to jointly explore new business opportunities worldwide. In addition to supplying LFP-based CTP batteries to Ford, CATL intends to actively cooperate with Ford with respect to other battery technologies.
The elevated global strategic cooperation aims to open up new opportunities for both companies to create a sustainable business and promote EVs, contributing to global carbon neutrality goals.
Source:batteryindustry
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