Mercedes-Benz and CATL as a major supplier team up for leadership in future battery technology

CATL

PR85031

 

NINGDE, China, Aug. 5, 2020 /PRNewswire=KYODO JBN/ --

 

- Mercedes-Benz and CATL have today announced an enhanced partnership in the

field of battery technology.

- The electric luxury sedan Mercedes-Benz EQS will launch next year with a WLTP

range of over 700 km, equipped with CATL cell modules.

- Mercedes-Benz and CATL will jointly boost the industrialization of 

lithium-ion batteries in Germany.

 

Mercedes-Benz and Contemporary Amperex Technology Co., Limited

(CATL)<300750.SZ> have entered the next stage of their strategic partnership

and will create cutting-edge battery technology in support of the high-volume

electrification of the Mercedes-Benz model portfolio. The Stuttgart-based

luxury car maker is accelerating its "Electric First" strategy with advanced,

CO2-neutrally produced battery cells, modules and systems supplied by CATL, a

technology leader in lithium-ion batteries. The agreement covers the full range

of battery technologies, from cells across modules for Mercedes-Benz Cars to

entire battery systems for Mercedes-Benz Vans in promising innovative

technology configurations. This also includes the CATL cell-to-pack (CTP)

design, which eliminates conventional modules and integrates the cells directly

into the battery.

 

Photo - https://photos.prnasia.com/prnh/20200805/2877000-1-a 

Left- Markus Schafer, Member of the Board of Management of Daimler AG and

Mercedes-Benz AG; Right-Dr. Robin Zeng, Founder, Chairman and CEO of CATL

 

"We intend to lead in battery technologies, so we are now combining our own

research and development expertise with bold partners. We will integrate

cutting-edge battery systems to create luxury cars with outstanding range,

charging speed, safety and sustainability. Working with CATL will see us

accelerate our transformation towards carbon-neutrality," said Markus Schafer,

Member of the Board of Management of Daimler AG and Mercedes-Benz AG,

responsible for Daimler Group Research and Mercedes-Benz Cars COO. "CATL will

be a major supplier securing capacity for the next generations of our EQ

products in the years to come. "

 

"Mercedes-Benz is a special and important partner to CATL. We are very pleased

to further expand and upgrade the partnership for both parties' future

development. Mercedes invented the car more than 130 years ago and has

developed its technology with countless innovations. This combined with CATL's

expertise in battery, will be a decisive step to both parties' electrification

strategies," said Dr. Robin Zeng, Founder, Chairman and CEO of CATL. "Together

we collaborate on developing and delivering reliable, competitive solutions to

promote worldwide e-mobility."

 

Electrification of its model portfolio with innovative battery technologies

 

Battery cells are at the heart of highly complex battery systems. Their

chemistry contributes significantly to the performance, range and service life

of electric vehicles. Through its strategic partnership with CATL,

Mercedes-Benz will advance its development of current and future best-in-class

lithium-ion batteries. The two partners have already started working on future

battery generations to be introduced in a number of vehicles within the next

few years. The clear goal is to shorten development cycles, significantly

increase the ranges of future batteries through advances in energy density and

reduce charging times. In order to make electrification even more attractive

for customers in the luxury segment, the goals set are ambitious: With the EQS

luxury sedan, which will be delivered to customers next year, the development

goal is a long-distance range of more than 700 km (WLTP range) and a doubling

of the charging speed compared to current models. The Mercedes-Benz EQS will

also be equipped with CATL cell modules.

 

Photo - https://photos.prnasia.com/prnh/20200805/2877000-1-b 

Hubertus Troska, Member of the Board of Management of Daimler AG, responsible

for Greater China

 

"Daimler will continue to strengthen its global competitiveness and enhance

efficiency by working with strong and innovative partners to pursue our future

strategy, including electric mobility. In China, we have established strong

cooperation with key industry and technology players over the years that have

contributed not only to our strong growth momentum but also brought efficiency

in production, purchasing and research and development", said Hubertus Troska,

Member of the Board of Management of Daimler AG, responsible for Greater China.

"We are now pleased to bring our cooperation with CATL, a world-leading battery

manufacturer from China, to a new level and will further integrate this

partnership into our strategy of 'Electric First' and sustainable development.

We believe such cooperation will enable Daimler to continue to delight our

customers with technology leadership and accelerated innovation."

 

Mercedes-Benz and CATL are committed to engineer and produce quality- and

performance- leading batteries with the most sustainable footprint possible.

 

Battery products from carbon-neutral production

 

With "Ambition2039", Mercedes-Benz is pursuing the long-term vision of a

climate-neutral new passenger car fleet and is actively driving the

transformation to CO2-neutrality. In order to minimize the carbon footprint of

current and future vehicle generations, the partners have agreed to the

carbon-neutral production of battery products. To enable this, CATL will use

electricity from renewable energy sources, such as wind, solar and hydropower

for its production. At the beginning of 2020, Mercedes-Benz and CATL had

already launched a joint pilot project using blockchain technology to create

transparency on the emissions of climate-damaging gases and the proportion of

secondary material along the battery cell supply chain. The next step is to

significantly reduce the reliance on raw material mining through the recycling

of end-of-life batteries.

 

Photo - https://photos.prnasia.com/prnh/20200805/2877000-1-c

Zhou Jia, President of CATL

 

"Within the framework of this newly established strategic partnership, CATL

fully commits to Mercedes-Benz AG's sustainability goals including 'Ambition

2039'. This includes sustainable production with renewable energy, the minimum

CO2 footprint in terms of logistics within the whole supply chain and respect

for all aspects of social responsibility. CATL will ensure CO2 neutral battery

production and maximize CO2 reduction in the battery supply chain for next

generation Mercedes-Benz EQ starting with the EQS," said Zhou Jia, President of

CATL. "I am convinced that this partnership will open new opportunities for both

companies to create a sustainable business and speed-up the transition of our industry."

 

Industrialization of a key technology in Germany

 

The strategic partnership of Mercedes-Benz and CATL accelerates the further

development and industrialization of cutting-edge battery technologies in Germany.

With the construction of CATL's Thuringia plant, CATL is developing a European service

system to offer Mercedes-Benz more competitive products, as well as a smooth supply.

This will allow Mercedes-Benz to further increase the degree of localization in

procurement and to purchase battery products from the CATL plant near Erfurt in the future.

 

About CATL

 

Contemporary Amperex Technology Co., Limited (CATL) is a global leader in the

development and manufacturing of lithium-ion batteries, with businesses

covering R&D, manufacturing and sales in battery systems for new energy

vehicles and energy storage systems. In 2019, the company's EV battery sales

volume reached 40.25 GWh worldwide, and making it the world leader in annual EV

battery consumption volume (source SNE Research).

 

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

world as of 2019  and subsidiaries in Beijing, Liyang (Jiangsu Province),  

Xining (Qinghai Province) and Yibin (Sichuan Province), as well as in Munich

(Germany), Paris (France), Yokohama (Japan), Detroit (USA) and Vancouver

(Canada).  In addition, the company owns and operates battery manufacturing

facilities in Fujian, Jiangsu, Qinghai and Sichuan provinces, and in its

European plant located in Erfurt, Germany, its first overseas plant that is

currently under construction. In June 2018, the company went public on the

Shenzhen Stock Exchange with stock code 300750.

 

For more information, please visit http://www.catlbattery.com .

 

Mercedes-Benz AG at a glance

 

Mercedes-Benz AG is responsible for the global business of Mercedes-Benz Cars

and Mercedes-Benz Vans with over 173,000 employees worldwide. Ola Kallenius is

Chairman of the Board of Management of Mercedes-Benz AG. The company focuses on

the development, production and sales of passenger cars, vans and services.

Furthermore, the company aspires to be leading in the fields of connectivity,

automated driving and alternative drives with its forward-looking innovations.

The product portfolio comprises the Mercedes-Benz brand with the sub-brands

Mercedes-AMG, Mercedes-Maybach and Mercedes me - as well as the smart brand,

and the EQ product and technology brand for electric mobility. Mercedes-Benz AG

is one of the largest manufacturers of premium passenger cars. In 2019 it sold

nearly 2.4 million cars and more than 438,000 vans. In its two business

divisions, Mercedes-Benz AG is continually expanding its worldwide production

network with over 40 production sites on four continents, while aligning itself

to meet the requirements of electric mobility. At the same time, the company is

developing its global battery production network on three continents.

Sustainable actions play a decisive role in both business divisions. To the

company, sustainability means creating value for all stakeholders on a lasting

basis: customers, employees, investors, business partners and the society as a

whole. The basis for this is the sustainable business strategy of Daimler in

which the company takes responsibility for the economic, ecological and social

effects of its business activities and looks at the entire value chain.

 

SOURCE: CATL

 

Image Attachments Links:

 

   Link: http://asianetnews.net/view-attachment?attach-id=368652 

 

   Caption: Left- Markus Schafer, Member of the Board of Management of Daimler AG and

Mercedes-Benz AG; Right-Dr. Robin Zeng, Founder, Chairman and CEO of CATL

 

   Link: http://asianetnews.net/view-attachment?attach-id=368654 

 

   Caption: Hubertus Troska, Member of the Board of Management of Daimler AG, responsible

for Greater China

 

   Link: http://asianetnews.net/view-attachment?attach-id=368655 

 

   Caption: Zhou Jia, President of CATL

 

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