CATL and 58.com partner

CATL and 58.com inked a strategic collaboration agreement in Ningde, Southeast China, with the goal of broad strategic cooperation in new energy cars, used new energy vehicles, and other areas. According to the agreement, CATL will provide 58.com with competitive products and service guarantees to help the latter develop the new energy vehicle market. While in the field of used new energy vehicles, 58.com will leverage its advantages, including its user base, channel, and platform, to promote the large-scale and standardised development of used new energy vehicles alongside CATL in order to forge CTL’s brand influence. The two companies will collaborate in other areas such as new energy vehicle aftermarket and domestic household energy storage. The two parties will form a long-term cooperation based on the principles of ‘joint contribution, shared benefits, and mutual responsibilities’ in order to accomplish development through resource sharing, advantage complementing, and business innovation.

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