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Shanghai (Gasgoo)- Contemporary Amperex Technology Co. Ltd. ("CATL") announced on Feb. 21 that it has signed a strategic cooperation memorandum with Volkswagen Group China, in a bid to further deepen their collaboration in lithium battery R , new material applications, and component development for new energy vehicles (NEVs). Photo credit: CATL Leveraging their respective strengths, the two companies aim to co-develop cutting-edge and cost-competitive battery technologies and products. This agreement marks another key milestone in Volkswagen China's electrification strategy. Alfonso Sancha, Executive Vice President of Volkswagen Group China responsible for Purchasing, emphasized that strengthening ties with CATL will enable the company to deliver high-performance, cost-effective battery solutions, enhance supply chain transparency and resilience, and better meet the evolving demands of the NEV market. Looking ahead, the partnership will extend beyond power batteries to explore batter
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