China's CATL signed up Daimler to supply batteries
China Knowledge Online
Sep 19, 2019

Sep 19, 2019 (China Knowledge) - Yesterday, China's leading lithium battery producer, Contemporary Amperex Technology Co Ltd (CATL) (300750), announced that it has reached an agreement with Daimler (DAIGn.DE) to supply the German automaker with batteries for its electric truck fleet starting 2021.

CATL will provide Daimler with batteries for the Mercedes-Benz eActros, Freightliner eCascadia and Freightliner eM2 models. The president of CATL reports that providing highly efficient and reliable power to electrify commercial vehicles is significant for the development of the market.

As a globally leading company in the lithium battery industry, products and solutions of CATL have excellent performance in terms of high energy density, long life, flexible environmental adaptability, safety and reliability.

CATL not only has established in-depth cooperative relations with several top global automobile manufacturers in the field of passenger vehicles, but also accelerates the promotion of electrification in the field of commercial vehicles.

Dr. Frank Reintjes, an engineer of Daimler said that Daimler continues to strengthen its leading technological position and global influence through intelligent platforms and shared modules. It is expanding this successful model into the electric truck business to meet customer needs through rapid response to the market and the best commercially available technologies. The electric vehicle business and the new partnership with CATL will be essential to success.

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