Toronto, Ontario — Contemporary Amperex Technology Co., Limited (CATL) and Honda have signed an agreement to form a strategic alliance regarding electric vehicle batteries.
The two companies say this agreement will enable discussions on a broad range of areas including joint development, stable supply, and the recycling and reuse of batteries.
By bringing together the two companies’ individual technology advantages, CATL and Honda will conduct joint development on NEVs batteries and joint R&D into fundamental technologies, aiming for their future application.
CATL will provide the supply of NEV batteries to Honda, mainly for battery electric vehicles (BEVs). The first model equipped with a CATL battery is scheduled to be launched in the Chinese market in 2022.
This alliance will be further expanded to the global level in the future, with battery recycling and reuse listed as a topic in further discussions between the two companies.
This new partnership is just one of Honda’s recent endeavours to emphasize its commitment to electrification. In Europe, Honda is expanding its partnership with French recycling specialist SNAM, which will collect batteries from Honda dealers and authorized recycling facilities in 22 countries to test their suitability for recycling and further processing.