Joint venture and cross-licensing with CATL for medium-sized secondary batteries
First written in FY2021. 1 of 3 entries say "Advanced", first in FY2022-Q1. Latest entry: FY2022.
No other company in this theme has enough history to compare yet.
- FY2022AchievedAnnual report
「Overview of the joint ventures (1) Name: Xiamen Ampcore Technology Limited (厦门新能和科技有限公司) (6) Date of establishment: 13 June 2022 (7) Ownership interests: ATL 30%, CATL 70% (1) Name: Xiamen Ampack Technology Limited (厦门新能达科技有限公司) (6) Date of establishment: 14 June 2022 (7) Ownership interests: ATL 70%, CATL 30%」
The ATL-CATL joint ventures for medium-sized secondary battery cells and packs were established in June 2022, and the ownership interests were disclosed. - FY2022-Q1AdvancedAnnual report
「ATL and CATL plan to combine their respective secondary battery technologies and expertise and establish and operate 2 joint ventures specializing in the development, manufacture and sale of medium-sized secondary batteries suited to household energy storage systems, electric two-wheelers and industrial applications, among others.」
The business alliance between ATL and CATL was formalized in the contractual terms, including the combination of their technologies and expertise and the establishment and operation of joint ventures for medium-sized secondary battery cells and packs. ATL and CATL are scheduled to hold 30% and 70%, respectively, of the cell joint venture, and 70% and 30%, respectively, of the pack joint venture. - FY2021First statedAnnual report
「ATL and CATL plan to combine their respective secondary battery technologies and expertise and establish and operate 2 joint ventures specializing in the development, manufacture and sale of medium-sized secondary batteries suited to household energy storage systems, electric two-wheelers and industrial applications, among others.」
As a subsequent event dated 28 April 2021, a plan was announced for ATL and CATL to establish 2 joint ventures for medium-sized secondary battery cells and packs and to enter into cross-licensing arrangements. ATL and CATL are scheduled to hold 30% and 70%, respectively, of the cell joint venture, and 70% and 30%, respectively, of the pack joint venture, with capital of RMB5 billion and RMB1 billion, respectively.