Country for PR: China
Contributor: PR Newswire Asia (China)
Wednesday, October 27 2021 - 21:16
CATL and Hyundai MOBIS sign CTP technology licensing and partnership agreement
NINGDE, China, Oct. 27, 2021 /PRNewswire-AsiaNet/ --

-CATL shares its CTP (cell to pack) technology with MOBIS through the 
-The agreement also includes related CTP products supply in South Korea and the 
global market. 
-The technology partnership helps both parties sharpen their competitive edge 
on the international market.

Contemporary Amperex Technology Co., Ltd. (CATL) and Hyundai Mobis Co., Ltd. 
(MOBIS) have signed a technology licensing and partnership agreement, according 
to which CATL will introduce and disclose its CTP (cell to pack) technology to 
MOBIS as well as support MOBIS in the supply of related CTP products not only 
in South Korea, but also worldwide.

Featuring highly efficient integration, CTP is a technology that directly 
integrates cells into packs without modules. By leveraging CATL's CTP 
technology, the battery pack's design improves system energy density, 
simplifies manufacturing and results in cost savings.

The technology partnership supports both parties in strengthening their 
respective international market competitiveness. CATL and MOBIS will work 
together to develop more valuable products for the global electric vehicle (EV) 
market. It also initiates a new mode of international technology cooperation in 
the industry, and enables CATL to expand the application of its innovative 
battery technology worldwide in a bid to achieve global electrification.

SOURCE: Contemporary Amperex Technology Co., Ltd.

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   Caption: CATL and Hyundai MOBIS signed CTP technology licensing and 
partnership agreement