CATL, CHINT to cooperate in energy, smart manufacturing fields

Shanghai (Gasgoo)- On September 26, Chinese power battery giant CATL and the smart energy solutions provider CHINT Group Co., Ltd. ("CHINT") signed a strategic cooperation agreement in Hangzhou city, Zhejiang province, marking a significant collaboration in the energy sector.

Photo credit: CATL

Under this agreement, both parties will focus on strengthening cooperation in areas such as energy storage, while also expanding their collaboration into fields like integrated energy systems, smart and low-carbon solutions, and intelligent manufacturing. This comprehensive partnership aims to encompass various aspects, including project investment and development, market expansion, and joint R&D efforts. Their collective goal is to foster industrial synergy across multiple sectors, promoting the sound and sustainable development of the integrated energy market, and providing global clients with high-quality new energy solutions and energy storage system services throughout the entire product lifecycle.

Additionally, they plan to jointly explore domestic and international markets to accelerate the achievement of carbon neutrality objectives.

Zeng Yuqun, Chairman of CATL, emphasized the substantial potential for the two parties’ cooperation in product development, system integration, and intelligent manufacturing, and expressed the hope for increased technical collaboration and expanded cooperation scope, elevating their partnership to create market-competitive, mature, and reliable product solutions for both domestic and international markets.

CHINT, as a provider of smart energy solutions, has formed three major industrial segments: green energy, intelligent electrical systems, and smart and low-carbon solutions. It has also incubated two major platforms: CHINT International Platform and Sci-tech Innovation Incubation Platform. CHINT holds a significant advantage in various aspects, including investments in photovoltaic and energy storage integrated solutions, energy storage system integration technology, a complete range of intelligent electrical products, comprehensive solutions for photovoltaic power plants, and one-stop EPC (Engineering, Procurement, and Construction) services for projects.