CATL to supply battery modules to SPA2 and CMA platform models for Volvo Group in multi-billion-dollar deal

by Lei Xing   2019-05-17

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NINGDE, Fujian – Contemporary Amperex Technology Co., Ltd. (CATL), one of the largest lithium-ion battery suppliers in the world for electric vehicles, has signed a long-term agreement with Volvo Car Group for the global supply of battery modules for all models on the upcoming SPA2 and existing CMA modular vehicle platforms. The agreement, announced on May 15 jointly by the two partners, will cover next generation Volvo and Polestar models over the coming decade and is part of the multi-billion-dollar supply agreement the Swedish carmaker signed with CATL and LG Chem.
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