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CATL Targets US Market with New Truck Batteries
20 Sep
Summary
- CATL engineered 'tall' batteries specifically for American pickup trucks.
- US carmakers have tested CATL's new battery technology.
- CATL may license technology for US manufacturing on American soil.
Despite facing considerable US trade barriers and geopolitical friction, CATL has developed new 'tall' battery technology specifically tailored for the American pickup truck market.
These batteries have undergone testing by US carmakers, with CATL's chief technology officer noting the US market's substantial potential. The company is considering licensing this technology to American firms for domestic production, a model similar to its current agreements with Ford and Tesla.
This development occurs amidst ongoing high-level discussions between US and Chinese officials regarding trade and supply chains. While CATL, a dominant force in EV batteries, also focuses on energy storage, it confronts US tariffs, localization requirements, and national security concerns.
CATL is expanding its manufacturing footprint in Europe with new factories in Hungary and Spain, alongside its existing German plant, while also scouting for additional European locations.
