CATL Enters Strategic Partnership with Beijing Xianglong Assets Management

On September 22nd 2024, a signing ceremony for the strategic partnership agreement between CATL and Beijing Xianglong Assets Management Co., Ltd. (Beijing Xianglong Assets Management) was held in Beijing. 

The two sides will align with the agreement to deepen bilateral partnership in areas such as the application of electric vehicles in logistics, delivering a networking of charging facilities, promotion of electric passenger vehicles, battery recycling, after-sales services, and financial leasing services for batteries, while making overall plans in some emerging industries of strategic importance including green and low-carbon sectors. In doing so, both sides will make their own efforts to build a network of new energy industrial clusters in Beijing. 

Mainly operating business related to auto services, trade services, and modern logistics, Beijing Xianglong Assets Management has been playing an important role in serving the social and economic development of Beijing. 

Moving forwards, both sides will further tap into their advantages and potential in product, technology, resource and marketing to boost the deeper integration of R&D and industry chains based on the coordinated development of the Beijing-Tianjin-Hebei region, in a bid to add momentum to the realization of carbon peaking and carbon neutrality.