Contemporary Amperex Technology Co., Ltd. (CATL) signs contract with Fuzhou Public Transport Group

On March 11, Fuzhou Public Transport Group and CATL signed a strategic cooperation framework agreement in Ningde, Fujian Province. The two parties will cooperate in areas such as post-market services for bus batteries, building urban charging networks, battery recycling and utilization, and vehicle-network interaction. As the largest public transportation company in Fujian Province, Fuzhou Public Transport Group has fully achieved the electrification of its vehicles. This agreement will focus on addressing the efficiency and battery life pain points of large-scale operation of electric buses, jointly creating a safer, more efficient, lower-carbon, and smarter urban public transportation energy system, and promoting the extension of battery assets from "use" to "recycling."