Battery Giant CATL Unveils World's Largest Energy Storage Testbed in Xiamen, China

CATL set to boost global energy storage with world’s largest testing facility

Contemporary Amperex Technology Ltd (CATL) hopes to use its energy-storage business to build on its global dominance in electric vehicle (EV) batteries, as the global oil crisis creates a surge in demand for its technologies and products. The company, which commands nearly 40 per cent of the world’s EV battery market, announced on Thursday the official launch of a 3 billion yuan (US$442.52 million) research facility in Xiamen, a city in China’s …

Battery giant CATL unveils world's largest energy storage testbed in Xiamen, China

Battery giant CATL launches comprehensive energy storage testbed. The post Battery giant CATL unveils world’s largest energy storage testbed in Xiamen, China appeared first on CarNewsChina.com.