CITIC Bank and CATL reach strategic cooperation agreement

Recently, China CITIC Bank and Contemporary Amperex Technology (CATL) signed a general strategic cooperation agreement.

Recently, China CITIC Bank and Contemporary Amperex Technology (CATL) signed a general strategic cooperation agreement.

Through this cooperation, China CITIC Bank will provide comprehensive financial services to CATL and its upstream and downstream customers.

CATL is engaged in the research, development, production and sales of new energy vehicle power battery systems and energy storage systems.

In the next step, CATL will focus on promoting the construction of electrochemical energy storage to help develop new infrastructure vigorously.

Disclaimer: This is an article created by Michael Liang for Chinasdg.org. You can find the original article here: https://chinasdg.org/2020/06/09/citic-bank-and-catl-reach-strategic-cooperation-agreement/.

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