CATL Launches New Subsidiary to Expand EV Market Reach
Contemporary Amperex Technology Co., Limited (CATL) has launched a new subsidiary, Nanchang Contemporary Amperex Energy Service Technology Co., Ltd. The new company, an indirect wholly owned unit of CATL, has a registered capital of RMB 10 million and a wide-ranging business scope.
The new entity will focus on various aspects of the electric vehicle (EV) ecosystem. It will engage in EV sales, providing customers with a range of electric vehicles produced by its parent company. Additionally, it will operate charging infrastructure, ensuring that EV owners have access to reliable and convenient charging news. Furthermore, the company will sell battery swap facilities. This service allows EV users to quickly replace their battery pack, reducing downtime and enhancing convenience. The new company will also integrate intelligent control systems, leveraging technology to improve efficiency and user experience.
CATL's new subsidiary, Nanchang Contemporary Amperex Energy Service Technology Co., Ltd., is set to expand the company's reach in the EV market. With its diverse business scope, the new entity aims to provide comprehensive news for EV users, from vehicle sales to charging infrastructure and battery swap services.
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