Contemporary Amperex Technology Limited

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Partnership

Jan 30, 2017PARTNERSHIPFinland
Valmet Automotive and CATL form strategic partnership; CATL takes 22% stake
Valmet Automotive and Contemporary Amperex Technology Limited (CATL) entered a strategic partnership in electric vehicle solutions. CATL subscribed to new shares for a 22% ownership in Valmet Automotive. The companies will jointly develop electric vehicle drivetrain solutions and supply battery packs to European automakers.
Valmet Automotive Contemporary Amperex Technology Limited investor #Automotive Components automotiveworld.com

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