# Chengfei Integration and ElringKlinger to form lithium battery JVs

Sichuan Chengfei Integration Technology Co. and ElringKlinger AG signed an agreement to set up joint ventures in Germany, the US and China to develop, commercialize and distribute lithium batteries for new-energy vehicles. Each will contribute 50% to the JVs.

- Type: Partnership
- Announced: 2017-11-27
- Status: announced
- Products: lithium batteries
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [ElringKlinger](https://endata.com/companies/19714.md) (partner)
- [Sichuan Chengfei Integration Technology Co.](https://endata.com/companies/28422.md) (partner)

## Sources

- [yicaiglobal.com](https://www.yicaiglobal.com/news/chinese-auto-parts-firm-chengfei-integration-elringklinger-will-set-up-lithium-battery-business-jvs), 2017-11-28: "Chengfei Integration said yesterday that it signed an agreement with ElringKlinger to work together to develop, commercialize and distribute lithium batteries and to set up JVs in Germany, the US and China."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.