{"id":3503,"date":"2020-05-27T08:33:03","date_gmt":"2020-05-27T08:33:03","guid":{"rendered":"https:\/\/aviancetechnologies.com\/blog\/blog\/catl-explores-new-ev-battery-services-to-add-capacity-chairman\/"},"modified":"2020-05-27T08:33:03","modified_gmt":"2020-05-27T08:33:03","slug":"catl-explores-new-ev-battery-services-to-add-capacity-chairman","status":"publish","type":"post","link":"https:\/\/aviancetechnologies.com\/blog\/catl-explores-new-ev-battery-services-to-add-capacity-chairman\/","title":{"rendered":"CATL explores new EV battery services, to add capacity: chairman"},"content":{"rendered":"<p>\u00a0\u00a0 <\/p>\n<p>[responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;]<\/p>\n<h2>CATL explores new EV battery services, to add capacity: chairman<\/h2>\n<p><\/p>\n<div>\n<div class=\"PrimaryAsset_container\">\n<div class=\"Image_container\" tabindex=\"-1\">\n<figure class=\"Image_zoom\" style=\"padding-bottom:\">\n<div class=\"LazyImage_container LazyImage_dark\" style=\"background-image:none\"><img decoding=\"async\" src=\"http:\/\/s1.reutersmedia.net\/resources\/r\/?m=02&amp;d=20200527&amp;t=2&amp;i=1520016300&amp;r=LYNXMPEG4Q0K0&amp;w=20\" aria-label=\"FILE PHOTO: A sign of Chinese battery maker Contemporary Amperex Technology Ltd (CATL) is seen on its building in Ningde, Fujian province, China August 8, 2018. REUTERS\/Stringer  \"\/><\/div>\n<\/figure><figcaption>\n<p><span>FILE PHOTO: A sign of Chinese battery maker Contemporary Amperex Technology Ltd (CATL) is seen on its building in Ningde, Fujian province, China August 8, 2018. REUTERS\/Stringer  <\/span><\/p>\n<\/figcaption><\/div>\n<\/div>\n<p>BEIJING (Reuters) &#8211; China\u2019s top electric vehicle (EV) battery maker Contemporary Amperex Technology Ltd (CATL) is exploring new battery-related services and will expand manufacturing capacity in the next two years, its chairman told Reuters. <\/p>\n<p>Ningde-based CATL, which alongside LG Chem and Panasonic is one of the biggest EV battery makers globally, is developing battery-swapping and battery maintenance services, its chairman Zeng Yuqun said on Wednesday. <\/p>\n<p>It will also expand recycling capabilities in China and invest in similar businesses overseas, Zeng added in a written response to Reuters questions. <\/p>\n<p>The firm, which has signed supply deals with Tesla Inc and Volkswagen AG (<span id=\"\u201dsymbol_VOWG_p.DE_0\u201d\">VOWG_p.DE<\/span>), expects to increase battery manufacturing capacity in the next two years, Zeng said.  <\/p>\n<p>It may target further overseas expansion based on customer demand, he added. The firm is currently building a plant in Germany. <\/p>\n<p>Zeng said the firm will control costs to better manage the impact from the coronavirus pandemic. He did not offer details. <\/p>\n<p>As the virus hit demand in China, the world\u2019s biggest auto market, sales of new energy vehicles, which include battery electric vehicles as well as plug-in hybrid and hydrogen fuel-cell vehicles, fell 43% in the first four months this year compared to a year earlier. <\/p>\n<p>Reuters reported in February that Tesla is in advanced talks to use lithium iron phosphate batteries from CATL. Sources said this month Tesla and CATL are developing next generation batteries which would have significantly longer lifespans. <\/p>\n<div class=\"Attribution_container\">\n<div class=\"Attribution_attribution\">\n<p class=\"Attribution_content\">Reporting by Yilei Sun and Brenda Goh; Editing by Jan Harvey and Muralikumar Anantharaman<\/p>\n<\/div>\n<\/div>\n<div class=\"StandardArticleBody_trustBadgeContainer\"><span class=\"StandardArticleBody_trustBadgeTitle\">Our Standards:<\/span><span class=\"trustBadgeUrl\">The Thomson Reuters Trust Principles.<\/span><\/div>\n<\/div>\n<div class=\"post-item-metadata entry-meta\">\n<p class=\"has-background has-very-light-gray-background-color\">Disclaimer: Content may be edited for style and length.\u00a0<a class=\"newsium-categories category-color-1\" href=\"http:\/\/feeds.reuters.com\/~r\/reuters\/technologyNews\/~3\/tBDTqFOzCWk\/catl-explores-new-ev-battery-services-to-add-capacity-chairman-idUSKBN233123\" target=\"_blank\" rel=\"noopener noreferrer\">Story Source<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0\u00a0 [responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;] CATL explores new EV battery services, to add capacity: chairman FILE PHOTO: A sign of Chinese battery maker Contemporary Amperex Technology Ltd (CATL) is seen on its building in Ningde, Fujian province, China August 8, 2018. REUTERS\/Stringer BEIJING (Reuters) &#8211; China\u2019s top electric vehicle &#8230; <a title=\"CATL explores new EV battery services, to add capacity: chairman\" class=\"read-more\" href=\"https:\/\/aviancetechnologies.com\/blog\/catl-explores-new-ev-battery-services-to-add-capacity-chairman\/\" aria-label=\"Read more about CATL explores new EV battery services, to add capacity: chairman\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":3504,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1,30],"tags":[],"class_list":["post-3503","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-technology"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CATL explores new EV battery services, to add capacity: chairman - Aviance Technologies<\/title>\n<meta name=\"robots\" content=\"noindex, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CATL explores new EV battery services, to add capacity: chairman - Aviance Technologies\" \/>\n<meta property=\"og:description\" content=\"\u00a0\u00a0 [responsivevoice_button rate=&#8221;1\u2033 pitch=&#8221;1.2\u2033 volume=&#8221;0.8\u2033 voice=&#8221;US English Female&#8221; buttontext=&#8221;Story in Audio&#8221;] CATL explores new EV battery services, to add capacity: chairman FILE PHOTO: A sign of Chinese battery maker Contemporary Amperex Technology Ltd (CATL) is seen on its building in Ningde, Fujian province, China August 8, 2018. 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