NEVS
secures battery supply
NEVS has signed a
strategic framework agreement with Contemporary Amperex Technology Co., Limited
(CATL) to secure the battery supply for NEVS 9-3 EV in the Chinese market.
CATL is a Chinese leading
energy storage solution provider headquartered in Ningde, Fujian, with focus on
the research and development of li-ion battery (LIB) intended for electric
vehicles. The company was one of the first nine battery suppliers that fulfills
the domestic industrial standards and the government’s requirement for EV
subsidies.
“CATL’s supply capacity and
proven technology will allow us to shorten the lead time to the market,
fulfilling both our demand in quantity and quality. Their local experience and
network will eventually benefit NEVS’ own customers in the Chinese market. ”
says Kai Johan Jiang, Chairman of NEVS.
NEVS received a total order
of 250,000 EVs from Panda New Energy, an EV leasing company based in Beijing.
Through NEVS 50% owned factory in Fujian, the first patch of 100,000 electric
commercial vehicles have started to be delivered. The rest of 150,000 9-3 EV
are scheduled to roll out from NEVS JV plant in Tianjin in 2018.
About CATL
Established in 2011,
Contemporary Amperex Technology Co., Limited (CATL) is dedicated to providing
effective energy storage solutions through advanced battery technology.
The company possesses R&D
and manufacturing capabilities for power and energy storage battery as well as
core technologies for the whole industrial chain of materials, battery cells,
battery system and battery recycling. CATL was awarded the "Annual China
Energy Storage Industry's most influential Enterprises in 2015".
CATL aims to provide best cost to performance
services to its customers through technology innovation and product
differentiation. It is one of the leading EV battery providers globally and the
clear market leader in China with a large portfolio of world class customers.
At the end of 2016, CATL employed over 10,000 employees worldwide.
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