View all newsletters
Receive our newsletter - data, insights and analysis delivered to you
  1. News
October 29, 2021

Hyundai Mobis EV battery technology deal with CATL

Parts supplier gains global licence for CATL cell to pack technology.

By Graeme Roberts

Hyundai Mobis has signed a technology licensing and partnership agreement with Chinese electric vehicle (EV) battery manufacturer Contemporary Amperex Technology Company Ltd (CATL), according to reports in China.

Free Report
img

What does the future hold for the US electric vehicles market?

The US Electric Vehicles (EV) market has established itself as one to watch. Despite China maintaining the number one spot, the US holds significant standing as one of the major EV markets, with GlobalData’s whitepaper identifying a strong growth trajectory within the forecast period. This report further analyzes the trends, market drivers, and government incentives set to influence and facilitate the market.   This report also looks beyond the US and touches on environmental concerns set to drive the EV market worldwide.   Want to find out more? This report demonstrates GlobalData Explorer’s sector analysis capabilities, showing how you can:  
  • Get historical and forecast market sizing data, with country specific insight for 22+ of the world’s largest industries
  • Track sector dealmaking activity, to view aggregate volumes, specific deals and top investors for all major deal types in M&A, Capital Raising, and Partnerships
  • Analyze news from GlobalData Explorer’s News Database – enable screening and alerts by industry, company, geography and news sentiment for filtered insight
  • Identify and track the key disruptive trends that are keeping the top digital thought leaders talking through social media analytics
  Consult this report now to find out how you and your company can benefit from our Explorer platform.
by GlobalData
Enter your details here to receive your free Report.

CATL, the world’s largest automotive lithium ion battery manufacturer, agreed to grant a global licence for its CTP (cell to pack) technology to Hyundai Mobis and to provide parts and support relating to the technology.

CATL’s CTP technology was said to directly integrate cells into packs without modules, helping to improve energy density, simplifying manufacturing and reducing costs.

CATL said in a statement the two companies had also agreed to work together to develop innovative technologies for the global EV market, adding: “This partnership initiates a new model for global technology cooperation in the industry.”

It will also help CATL to expand the use of its battery technology worldwide.

Hyundai Mobis, controlled by Hyundai Motor Group, is South Korea’s largest supplier of automotive components and technology with a focus on chassis systems such as brakes, suspension and steering systems, airbags, electric and hybrid drivetrain systems, electrical systems including lighting and infotainment systems, connected and autonomous driving systems.

Free Report
img

What does the future hold for the US electric vehicles market?

The US Electric Vehicles (EV) market has established itself as one to watch. Despite China maintaining the number one spot, the US holds significant standing as one of the major EV markets, with GlobalData’s whitepaper identifying a strong growth trajectory within the forecast period. This report further analyzes the trends, market drivers, and government incentives set to influence and facilitate the market.   This report also looks beyond the US and touches on environmental concerns set to drive the EV market worldwide.   Want to find out more? This report demonstrates GlobalData Explorer’s sector analysis capabilities, showing how you can:  
  • Get historical and forecast market sizing data, with country specific insight for 22+ of the world’s largest industries
  • Track sector dealmaking activity, to view aggregate volumes, specific deals and top investors for all major deal types in M&A, Capital Raising, and Partnerships
  • Analyze news from GlobalData Explorer’s News Database – enable screening and alerts by industry, company, geography and news sentiment for filtered insight
  • Identify and track the key disruptive trends that are keeping the top digital thought leaders talking through social media analytics
  Consult this report now to find out how you and your company can benefit from our Explorer platform.
by GlobalData
Enter your details here to receive your free Report.

NEWSLETTER Sign up Tick the boxes of the newsletters you would like to receive. The top stories of the day delivered to you every weekday. A weekly roundup of the latest news and analysis, sent every Monday. The industry's most comprehensive news and information delivered every quarter.
I consent to GlobalData UK Limited collecting my details provided via this form in accordance with the Privacy Policy
SUBSCRIBED

THANK YOU

Thank you for subscribing to Just Auto