CATL

For power battery makers, it's important to keep production lines running consistently, so a price war for batteries is long expected, industry watchers said.

The program is only available to a few strategic customers, including Nio, Li Auto, Huawei and Zeekr, and Tesla is not included, according to local media.

CATL will provide technology and service support for the production of the LFP battery plant, while Ford will be responsible for cell and vehicle integration.

As a beneficiary of the current era and an industry leader, CATL has a responsibility to maintain a good industry ecology, not bully the weak, he said.

This is CATL's first direct partnership with an asset management company that operates energy storage projects, and the two will work to expand the partnership to 10 GWh.

The first production line at CATL's plant in Thuringia, Germany, went into operation and the installation and commissioning of the remaining lines are in full swing.

Construction of the Yibin-based project begins in October 2020 with a planned annual capacity of 15 GWh.

Huawei will recommend CATL as its first choice of power battery supplier for its partner car companies.

Guiyang becomes the third city to see EVOGO's battery swap service available, after Xiamen and Hefei.

Honda is expected to purchase 123 GWh of pure electric vehicle power batteries in China from CATL between 2024 and 2030.