FAW Jiefang joins hands with CATL! Plans to cooperate in all aspects in new energy commercial vehicles

FAW Jiefang joins hands with CATL! Plans to cooperate in all aspects in new energy commercial vehicles

Recently, FAW Jiefang and CATL held a strategic cooperation signing ceremony in Ningde, Fujian.
Li Sheng, Chairman and Party Secretary of FAW Jiefang Group Co., Ltd., Zeng Yuqun, Chairman and CEO of CATL, attended and witnessed the signing. Zhao Libin, Director of FAW Jiefang's Supply and Purchasing Department, and Lai Yongjie, Executive President of CATL's Heavy Industry Business Department, signed the contract on behalf of both parties.

FAW Jiefang is a commercial vehicle manufacturer with a 71-year history.
It currently has seven major product lines, and is accelerating its layout in the fields of new energy, intelligent network connection, etc., and is committed to becoming "China's first and world-class" green intelligent transportation solution provider.

CATL, as a world-leading new energy innovation technology company, has also attracted attention for its layout in the commercial vehicle field.
With this signing, CATL has brought its first commercial power battery brand "CATL Tianxing", which covers logistics, public transportation and other fields, and is designed to meet the needs of buses, light trucks, heavy trucks and engineering machinery for long battery life and fast charging. and long-life performance requirements, providing full-scenario solutions for the commercial industry.

According to the agreement, the two parties plan to conduct all-round cooperation in the field of new energy commercial vehicles, efficiently integrate various advantageous resources, and cooperate in areas such as product support, product development, technology project application, industrial ecological construction, and business model innovation to achieve mutual benefit and win-win results. .
Jiefang Times New Energy Technology Co., Ltd., a joint venture between FAW Jiefang and CATL, will comprehensively assist both shareholders in achieving leapfrog growth in new energy commercial vehicle sales.

At present, driven by the "dual carbon" strategic goal, the green transformation of the commercial vehicle transportation industry, which is a major energy consumer, is imminent, and the market potential is large.
According to data from the China Association of Automobile Manufacturers, from January to November 2024, the sales volume of new energy commercial vehicles in my country reached 462,000 units, a year-on-year increase of 31.1%.

In the future, CATL will give full play to its leading advantages in core new energy technologies, and work with FAW Jiefang to accelerate the development and popularization of commercial vehicle battery technology, and help the commercial vehicle transportation industry achieve full electrification as soon as possible.

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