Battery industry news: CATL signed a big order in the UK, and the German factory started to produce batteries!

The winter solstice has passed, can the New Year be far away? Merry Christmas to everyone in advance!

The current domestic epidemic (COVID-19) in China is relatively serious, with a large number of infections. Many people are feverish and can’t go to work, which also leads to our Christmas gifts can’t arrive in time to be delivered to customers.

But the editor is still healthy (I am the only one in the whole office), and the gifts will be sent out as New Year’s gifts, so hopefully, everyone will have recovered by then. Today the editor continues to take stock of this week’s major information in the new energy industry.

[CATL signed a big order in the UK]

10GWh! CATL and Gresham House reached global strategic cooperation!

Recently, Ningde Times reached a long-term supply intention agreement of nearly 7.5GWh with Gresham House Energy Storage Fund, a UK-based new energy investor. Both sides will strive to expand the scale of cooperation to 10GWh according to market demand, and jointly promote the application of utility-scale energy storage on the ground.

Gresham House plc is a specialist alternative asset management group dedicated to ESG-focused, multi-sector physical investments. Its subsidiary Gresham House Energy Storage Fund Inc. focuses on renewable energy transformation and is the largest fund in the UK investing in utility-scale battery energy storage systems.

As of midday close on December 22, CATL was trading at 400.91 yuan per share, down 1.45%, with a total market capitalization of 979.2 billion yuan.

[CATL’s German plant starts battery production].

CATL’s first factory outside of China, Contemporary Amperex Technology Thuringia GmbH (CATT), started mass production of lithium-ion batteries in December as scheduled, marking another milestone in CATL’s globalization process.

The first batch of lithium-ion cells came off the production line in the newly installed tandem state in CATT’s G2 building. The installation and commissioning of the rest of the production line are in full swing to increase production.

The locally produced cells passed all tests for CATL products worldwide, proving CATL’s ability to start up battery production and supply cells to its European customers from its local facility.