GM to work closely with CATL in EV push

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Thread: GM to work closely with CATL in EV push

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    GMI Staff Member Premium Member nadepalma's Avatar
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    GM to work closely with CATL in EV push

    GM to work closely with CATL in EV push
    YILEI SUN and BRENDA GOH
    June 04, 2020
    Reuters via Autonews.com

    HANGHAI -- General Motors will "work very closely" with Chinese battery maker Contemporary Amperex Technology as it ramps up electric vehicle production in the world's biggest auto market, a senior executive said.

    The automaker has said it would invest $20 billion by 2025 in electric and automated vehicles.

    "We have already established a good working relationship and supply agreement with CATL," said Julian Blissett, GM's China president. "We will work very closely with CATL in the future."

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    Re: GM to work closely with CATL in EV push

    Good luck, suckers! (You'll need it.)
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    Re: GM to work closely with CATL in EV push

    So, as most U.S. citizens are now balking at buying Chinese products, primarily as they see the government's heavy-handed need to control everything and paranoia when they can't, GM is bucking this tide and getting into bed deeper with them? I'm thinking this is ill-advised, and as Neanderthal says, "Good luck, suckers!"
    Last edited by rand49er; 06-06-2020 at 06:42 AM.
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    Re: GM to work closely with CATL in EV push

    Note that it says “in the world’s biggest car market”...that’s China. Working with Chinese companies for vehicles sold in China makes sense. Here we’ll have Ultium batteries etc. That’s my take.
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    Re: GM to work closely with CATL in EV push

    CATL already partners internationally with PSA, Hyundai, Honda and BMW. In 2018, BMW announced it would buy 4 billion Euros worth of batteries from CATL. In China, its clients include BAIC Motor, Geely Automobile, GAC Group, Yutong Bus, Zhongtong Bus, Xiamen King Long, SAIC Motor and Foton Motor.

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    Re: GM to work closely with CATL in EV push

    Quote Originally Posted by rand49er View Post
    I'm thinking this is ill-advised, and as Neanderthal says, "Good luck, suckers!"
    CATL is one of the big three firms, along with Panasonic and BYD, providing lithium ion battery technology for the EV/PHEV/HEV market globally. They have some of the most extensive R&D, manufacturing, and testing capabilities in the industry. CATL's work improving energy density of cobalt free LiFePO4 battery cells is quite impressive.

    Having a good working relationship with CATL is advantageous for General Motors.
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    Re: GM to work closely with CATL in EV push

    Quote Originally Posted by gkr778 View Post
    CATL is one of the big three firms, along with Panasonic and BYD, providing lithium ion battery technology for the EV/PHEV/HEV market globally. They have some of the most extensive R&D, manufacturing, and testing capabilities in the industry. CATL's work improving energy density of cobalt free LiFePO4 battery cells is quite impressive.

    Having a good working relationship with CATL is advantageous for General Motors.
    Time will tell on that. Any op with the Chicommies is fraught with danger.

    https://global.toyota/en/newsroom/co.../28913488.html
    Jul. 17, 2019

    CATL and Toyota Form Comprehensive Partnership for New Energy Vehicle Batteries
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