CATL invests in battery recycling project to secure material supply


The battery maker plans to invest about USD5 billion in the material recycling project

Chinese EV battery maker Contemporary Amperex Technology Co. Ltd. or CATL’s subsidiary Guangdong Brunp Recycling Technology Co., Ltd. and its arm Ningbo Brunp Contemporary Amperex Co., Ltd. (Brunp Contemporary) have signed cooperation agreements with the Yichang municipal government, the Yichang high-tech zone management committee, and Hubei Yihua Group Co. Ltd. respectively, the company said on 12 October.

Thank you for visiting IHS Markit 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