PR93183

NINGDE, China, Nov. 19, 2021 /PRNewswire=KYODO JBN/ --

-CATL, ZF signed a global strategic partnership agreement to push forward

cooperation in aftermarket services

-It represents an important step in CATL's globalization strategy. The

partnership will improve the core competitiveness of both CATL and ZF in

e-mobility

-Both sides will play a greater role globally in building up sustainable

automotive & industrial ecosystem.

On November 19, Contemporary Amperex Technology Co., Limited (CATL) and ZF

Group signed a global strategic partnership agreement to push forward

cooperation in aftermarket services, including service network, battery-related

training, connectivity, re-purpose etc. ZF and CATL intend to facilitate mutual

transfer of knowledge and expertise, according to the agreement, to enable a

sustainable ecosystem and with that an attractive mobility experience for

everyone.

CATL, a global leader in new energy technologies, will enhance its global

aftersales capabilities and efficiency with the collaboration with ZF, which,

with more than 10,000 workshop partners in its global aftermarket and with the

growing products for electric vehicles in OEM quality, will be considered the

preferred option in CATL's service network expansion.

Under the agreement, CATL will provide ZF with comprehensive battery training

know-how, which will be combined with ZF's DGUV high voltage training so as to

enhance the competitiveness of its training programs and other aftersales

services. The two parties also agree to jointly establish and uplift standards

to be the benchmark for the industry.

With the common vision and mission on sustainability, CATL and ZF also agreed

to cooperate on data connectivity and re-purpose.

"The partnership with ZF is an important step towards developing a global

comprehensive value chain of batteries. With the support of ZF's worldwide

network, we will further enhance our global aftermarket service and continue to

deliver customer-driven new energy products to the world," said Zhou Jia,

president of CATL. "Together with ZF, we are also confident that we can

contribute to the global trend towards e-mobility and net zero emissions."

"Enabling creative collaboration between companies can jump-start business

innovation. We are proud to be able to complement our aftermarket competencies

with those of one of the world's leaders in new energy. Together with CATL we

will bring the global footprint and leading service solutions of ZF's

Aftermarket Division further into play", said Dr. Holger Klein, member of the

Board of Management, ZF Group. "We want to drive growth which regenerates and

actually improves our natural world. ZF is pursuing corporate responsibility in

green energy and low carbon outlay and is committed to realizing the future

vision of 'zero emission and zero accident'."

About CATL

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

energy technology innovation, committed to providing premier solutions and

services for new energy applications worldwide. In June 2018, the company went

public on the Shenzhen Stock Exchange with stock code 300750. According to SNE

Research, in the year 2020, CATL's EV battery consumption volume ranked No.1 in

the world for four consecutive years. CATL also enjoys wide recognition by

global OEM partners. To achieve the goal of realizing fossil fuel replacement

in stationary and mobile energy systems with highly efficient electrical power

systems that are generated through advanced batteries and renewable energy, and

promote the integrated innovation of market applications with electrification

and intelligentization, CATL maintains continuous innovation in four dimensions

including battery chemistry system, structure system, manufacturing system and

business models.

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

About ZF

ZF is a global technology company supplying systems for passenger cars,

commercial vehicles and industrial technology, enabling the next generation of

mobility. ZF allows vehicles to see, think and act. In the four technology

domains of Vehicle Motion Control, Integrated Safety, Automated Driving, and

Electric Mobility, ZF offers comprehensive product and software solutions for

established vehicle manufacturers and newly emerging transport and mobility

service providers. ZF electrifies a wide range of vehicle types. With its

products, the company contributes to reducing emissions, protecting the climate

and enhancing safe mobility.

In fiscal year 2020 ZF reported sales of €32.6 billion. The company employs

more than 150,000 associates at approximately 270 locations in 42 countries.

ZF Friedrichshafen AG's leading aftermarket and fleet solutions portfolio is

built on its strong brands; Lemförder, Sachs, TRW and WABCO. A broad product

and service offering, advanced connectivity solutions for digital mobility

management and a global service network, support and enhance the performance

and efficiency of all vehicle types throughout their life cycle. The company's

aftermarket organization is both an architect and pacesetter for the Next

Generation Aftermarket and the preferred partner for fleet and aftermarket

customers worldwide.

For further press information and photos please visit: www.zf.com

Source: Contemporary Amperex Technology Co., Ltd.

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