CATL and LGMG Work on Electrifying Engineering Machinery

According to the agreement, both parties will engage in comprehensive cooperation in the supply of power batteries, research and development of hybrid and new energy technologies and products for mining trucks, promotion of domestic and international markets, formulation of industry standards for new energy engineering machinery, and battery recycling; At the same time, both parties will also focus on the research and promotion of large tonnage new energy mining products, providing technologically advanced and competitive electrified products to customers in the global construction machinery industry, and jointly promoting the leapfrog development of their businesses.

LGMG is in a leading position in the global mining wide-body mining truck and high-altitude operation platform vehicle industry and is one of the "Top 100 Global Engineering Machinery Manufacturers". With this cooperation, CATL will fully leverage its leading advantages in core new energy technologies, work with LGMG and global partners to accelerate the development and popularization of engineering machinery battery technology, and help the comprehensive electrification of the engineering machinery industry arrive as soon as possible.

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