Chery Signed A Strategic Cooperation Framework Agreement with CATL

Recently, Chery signed a strategic cooperation framework agreement with CATL and the two sides will work together to carry out all-round cooperation in related fields.

According to the agreement, Chery and CATL will carry out all-round cooperation in the fields of product, business, marketing and business information resources. In addition to passenger car battery supply and technical cooperation, the two sides will also carry out joint exploration of public transport, the integration of new energy and three electric power and power exchange business in the fields of buses, logistics vehicles, heavy trucks and electric ships, so as to promote and lead the high-quality development of the industry.

This agreement signifies that Chery and CATL will make full use of their superior resources to jointly explore new energy vehicle markets at home and abroad.

Translated by Yuan Mengwen from Foreign Affairs Office of Wuhu Municipal People’s Government