Contemporary Amperex Technology Co., Limited, more commonly known as CATL, is the world's largest EV battery manufacturer, accounting for 38% of the global market.
The company operates 15 battery manufacturing facilities worldwide, supplying battery technology to leading automotive brands including Tesla, BMW, Mercedes-Benz and Volkswagen.
It has entered a strategic investment partnership with CarbonScape, a company developing sustainable, bio-based graphite for battery applications.
The partnership brings together CarbonScape's biographite technology with CATL's expertise in manufacturing, industrialisation and large-scale deployment.
As part of the agreement, CATL will take board representation and play a central role in supporting the commercial expansion of CarbonScape's technology.
