CATL reportedly vetting sites for US battery production to support BMW and Ford

Trending 3 months ago 30

A caller study states that planetary artillery conglomerate CATL is successful the last stages of vetting imaginable sites to bring EV artillery accumulation to the US. The determination would people the company’s archetypal introduction into the 2nd largest automotive marketplace successful the world, and the caller facilities would supply cells to BMW AG and Ford Motor Company for their EV accumulation stateside.

Contemporary Amperex Technology Co Ltd., amended known arsenic CATL, is simply a planetary vigor exertion institution and the leading EV artillery manufacturer in China. Beyond Asia, the institution has retained its crown arsenic the world’s largest artillery shaper by installed capacity for a fifth-straight year.

In summation to caller projects to instrumentality battery recycling and net-zero c manufacturing facilities successful China, CATL has begun to grow extracurricular of its location country. Its archetypal announcement came this past April with plans for an 8 GWh artillery works successful Germany.

A week later, CATL announced a $6 cardinal investment to mine, manufacture, and recycle batteries successful Indonesia, expanding its planetary scope further. According to the latest report, CATL plans to soon beryllium manufacturing EV batteries successful the US arsenic well, and could beryllium providing cells to US automakers assembling nearby.

CATL USFord’s assembly works successful Louisville, Kentucky / Source: Ford Motor Co.Could CATL beryllium making batteries successful the US for Ford and BMW?

According to a report from Reuters, sources adjacent to the substance accidental CATL is successful the last stages of determining imaginable sites to acceptable up US manufacturing. Two imaginable locations see South Carolina and Kentucky, wherever BMW AG and Ford Motor Company presently person assembly plants.

According to sources who asked not to beryllium identified, talks are ongoing, but CATL would supply artillery cells to some BMW and Ford from facilities erected adjacent their respective assembly plants. One root elaborated, stating that CATL is looking to commence artillery accumulation for BMW successful South Carolina by 2026.

In a statement, existent CATL lawsuit BMW shared it is “intensively examining the anticipation of establishing a artillery factory” successful the US, arsenic good arsenic acquiring artillery materials stateside. The institution besides said it is successful talks with respective partners regarding the factory.

Last September, Ford announced a monolithic EV accumulation task called Blue Oval City successful Tennessee, which included a artillery works with the assistance of SK Innovation. Additionally, the 2 parties shared plans for a 2nd works adjacent Ford’s assembly facilities successful Louisville, Kentucky.

With electrical motortruck request opening to soar for the American automaker, further artillery cells successful Tennessee oregon Louisville marque sense. Considering Tennessee is wherever the electrified trucks are presently planned to beryllium produced, a CATL works feels similar a amended fit.

However, that isn’t to accidental Ford won’t refurbish its Kentucky plants presently assembling ICE vehicles similar the Escape, Expedition, and F Series to enactment EVs, too, particularly since it’s already gathering a artillery works determination with SK. Ford declined to comment.

CATL’s expedited enlargement to the US comes astatine an opportune time, pursuing the Department Energy’s recent $3 cardinal program to enactment section artillery manufacturing – portion of the Biden administration’s larger $7.5 cardinal infrastructure measure approved past year.

CATL has declined to remark truthful far.

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