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China-based CATL Opens North American Operations in Detroit, Michigan

Contemporary Amperex Technology Co. Ltd, a leading global supplier and manufacturer of lithium-ion battery products for electric vehicles (EVs) and energy storage facilities, is opening its first North American sales and service facility in Detroit, Michigan.

According to company officials, the China-based Company has established partnerships with several U.S.-based businesses that will release products into the market very soon. The new Detroit base is the fourth international site to be opened by CATL and follows the opening of the company's Japan subsidiary in May.

CATL currently supplies the North American market with core battery technologies for EVs and energy storage solutions. The new CATL facility in Detroit will allow the Company to improve the supply of lithium-ion batteries to the United Sates auto market and to support the expansion of EV manufacturing.

"2017 was the best year yet for EV sales in the U.S. and around the world," said Allan Wang, General Manager, North America at CATL. "Recent surges in demand require greater innovation in the manufacture and supply of parts and services to support vehicle electrification. Our new Detroit subsidiary, our first in North America, will allow us to serve local needs. By locating close to our customers, we will be able to better understand their needs and improve our global supply chain. We look forward to providing more tailored customer service to our U.S.-based partners and are continuously looking for new partnerships and opportunities in the local market to further the adoption of EVs and other e-mobility solutions."

The Company said it has entered a series of partnership agreements with world-renowned car manufacturers including BMW, Volkswagen, Daimler, and Jaguar Land Rover, taking the production of EVs to new heights or safety and efficiency by leveraging the advantages of its market-leading technology.

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