Volvo Cars signs EV battery supply deals with CATL, LG Chem

OEM Purchasing

Batteries will be for both Volvo and Polestar models globally

Volvo Cars has signed a multi-dollar deal with Contemporary Amperex Technology (CATL) and LG Chem to source electric vehicle (EV) lithium-ion battery over the next decade, the company announced in a press release on today (15 May).

Thank you for visiting IHS Automotive AutoTechInsight.

*A subscription to News & Analysis includes four IHS Markit-selected sector-specific analytical pieces per month. Access to all analytic pieces across all domains comes with a subscription to All Services. Please click here to subscribe.

For a free daily listing of headlines with limited access please sign up here.

To get access to the AutoTechInsight full suite of services, please contact a sales representative by clicking here.

Already a subscriber? Please log in here

preload preload preload preload preload