TDK's ATL and CATL to form joint venture and cross-licensing agreement

TDK Corporation announced that its subsidiary Amperex Technology Limited (ATL) will conclude a cross-licensing agreement and establish a joint venture with Contemporary Amperex Technology Co., Limited (CATL) to strengthen the medium-size rechargeable battery business for residential energy storage, electric motorcycles, and other industrial applications.

“ATL and CATL will establish and operate two joint ventures.”tdk.com

• 1 source
• tdk.comAnnouncement on Business Alliance and Establishment of Joint Venture with Contemporary Amperex Technology Co., Limited | TDKApr 28, 2021

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