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China’s Contemporary Amperex Technology Co. Limited (CATL) and Honda are to form a comprehensive strategic alliance to develop new energy vehicle batteries. This agreement will enable the two companies to co-operate on a broad range of areas including battery development, stable supply, and the recycling and reuse of batteries.

Honda has also announced that it has acquired approximately 1% of CATL shares, which makes Honda a leading strategic partner of CATL. 

“This alliance enables Honda to further strengthen its partnership with CATL. As the speed of electrification continues to increase, CATL will be a partner that will give Honda new strength, and we believe that our long-term alliance will enable Honda to further increase the competitiveness of our electrified products. Honda will continue its challenges toward offering joy and freedom of mobility and the realization of a sustainable society.”

Zhou Jia, President of CATL, says: “Honda is a key player in global electrification. Through this strategic cooperation, CATL and Honda will establish a stronger global partnership. We are working together to deliver more competitive products and solutions to global electrification, and to finally achieve a clean and pleasant style of mobility.”

Toshihiro Mibe, Senior Managing Officer, Executive in Charge of R&D, Production, Purchasing, Quality, Parts, Service, Intellectual Property, Standardization and IT), Honda Motor Co., Ltd. adds: “This alliance enables Honda to further strengthen its partnership with CATL. As the speed of electrification continues to increase, CATL will be a partner that will give Honda new strength, and we believe that our long-term alliance will enable Honda to further increase the competitiveness of our electrified products. Honda will continue its challenges toward offering joy and freedom of mobility and the realization of a sustainable society.”

Headquartered in Ningde, China, CATL has more than 26,000 employees around the world.

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