Transportation
After EVs, China’s CATL Seeks to Dominate Electric Trucks
A Daimler Truck AG truck with CATL batteries.
Source: Daimler TruckThis article is for subscribers only.
Contemporary Amperex Technology Co. Ltd. has in a short space of time become the world’s largest maker of electric car batteries. Now the Chinese company wants to dominate in trucks globally, copying the success seen in its home market.
CATL is unveiling new technologies and products for heavy-duty vehicles and ships, including a battery with a 15-year and 2.8 million-kilometer lifespan, at the IAA Transportation event in Hanover, Germany on Monday.