Chinese Lbattery Maker CATL Opens Subsidiary In U.S. City Of Detroit
Umer Jamshaid Published December 08, 2018 | 06:45 PM
Contemporary Amperex Technology Co. Ltd (CATL), a leading lithium-ion battery maker for electric vehicles (EVs) and supplier of energy storage facilities, has opened its first subsidiary in North America.
Located in Detroit in the U.S. state of Michigan, CATL's new sales and service facility will help better serve local customers. "By being located close to our customers, we will be able to better understand their needs and improve our global supply chain. We look forward to providing more tailored customer service to our U.S.-based partners and are continuously looking for new partnerships and opportunities in the local market to further the adoption of EVs and other e-mobility solutions," said Allan Wang, general manager of CATL's operations in North America.
The company has formed partnerships with multiple U.S.-based businesses that would release products on the market soon, CATL said.
With its eye-catching technological performance, CATL has inked a series of partnership agreements with global car manufacturers including BMW, Volkswagen, Daimler, and Jaguar Land Rover.
Based in Southeast China's Fujian province, CATL is in the process of putting a technology into mass production that enables as much as 90 percent charging in 15 minutes and the company expects to achieve 300 Wh/kg of single cell energy density and 240 Wh/kg of system energy density by 2020.
Founded in 2011, the shares of CATL were floated on the Shenzhen Stock Exchange in June 2018 and boasted 11.84 GWh of shipments in 2017. CATL had earlier set up subsidiaries in Germany, France and Japan.
Related Topics
Recent Stories
Tennis: ATP Barcelona Open results - 1st update
Swiatek's perfect 10 in Stuttgart as Vondrousova stuns Sabalenka
Arandu's roads closed due to flooding
Oil tanker catches fire in Islamabad’s Blue Area
Pakistan committed to ensure safety of foreign nationals: FO
Tennis: WTA Stuttgart results - 1st update
Four passengers injured as train hit an empty vehicle
Over- speeding bus crushed to death two bike riders
Turkey's Freedom Flotilla ready to set sail for Gaza
French teen dies from heart failure after knife attack near school
Iranians appear unfazed by Isfahan blasts
UAF celebrates Int'l Chinese Language Day
More Stories From World
-
Togo lawmakers approve contested political reform
7 hours ago -
NATO must choose 'whether we indeed are allies': Zelensky
7 hours ago -
US House to vote on Ukraine, Israel, Taiwan aid package
7 hours ago -
Calls for calm after reported Israeli strike on Iran
7 hours ago -
IMF calls on EU to deepen single market integration to boost growth
7 hours ago -
Second Ecuadoran mayor killed ahead of anti-crime referendum: police
7 hours ago
-
Oil, gas drilling blocked in Alaska wilds as Biden seeks green cred
8 hours ago -
Man sets self on fire outside Trump trial
8 hours ago -
Turkey's Freedom Flotilla ready to set sail for Gaza
9 hours ago -
French teen dies from heart failure after knife attack near school
9 hours ago -
Iranians appear unfazed by Isfahan blasts
9 hours ago -
Ecuador mayor killed ahead of anti-crime referendum: police
10 hours ago