LGMG and CATL sign strategic cooperation agreement
On January 20, Lingong Heavy Machinery Co., Ltd (LGMG) and CATL signed a strategic cooperation agreement in Jinan, Shandong. Mr. Zhi Kaiyin, general manager of LGMG, and Mr. Lai Yongjie, executive president of CATL’s commercial application business division, witnessed the signing.
According to the agreement, the two parties will start comprehensive cooperation in aspects such as EV battery supply, research & development of technologies and products related to hybrid and new energy mining trucks, domestic and oversea market promotion, development of standards for new energy engineering machinery industry, and recycling of batteries. Additionally, the two parties will also focus on research & development and promotion of large-tonnage new energy mining products to provide global construction machinery customers with technologically advanced and industry-competitive electrified products, and jointly promote the leapfrog development of businesses of both parties.
Founded in 2012, LGMG is dedicated to providing mining equipment, aerial work platforms, special equipment and key parts, and holds a leading position in the industry of wide-body mining trucks and aerial work platforms in the world. It is also one of the top 100 global construction machinery manufacturers, and an active advocate and powerful promoter of the green, intelligent and international development of the construction machinery industry.
At present, driven by the national strategic goal of carbon peaking and carbon neutrality, the construction machinery industry is facing an urgent need to undergo energy transition, due to its high energy consumption and large contribution to carbon emissions. Together with LGMG and other global partners, CATL will leverage its expertise in core new energy technologies, so as to accelerate the development and widespread adoption of battery technology for construction machinery, and facilitate the industry’s transition towards comprehensive electrification.
Views:0
Submit Your Requirements, We Are Always At Your Service.
- XCMG Listed in Forbes China's Globalization Innovators Selection 30&30
- Daimler Launches New Fuso eCanter in Hong Kong
- GWM's POER Pickup Rolls off at Its CKD Factory in Ecuador
- FOTON Motor: NEV Penetration Rate to Exceed 80% by 2050
- SINOTRUK Invests More in Uzbekistan
- Sale of the New MAN eTruck Starts
- Scania Adds Powertrain Production to Its Production Base in Rugao, China
- FOTON and Piaggio Group Extend Their Partnership to Electric Light CVs
- Notice of Office Closure During National Day Holiday
- SANY Attends Construction Indonesia 2023
- China's Heavy Truck Exports Rising 58% YOY to 276,000 Units in 2023
- China Exported 507,000 Trucks from Jan.-Sept., Up 21% YoY
- China Exported 65,000 Trucks in July, Up 17% YoY
- Half Year Review of Commercial Vehicle Sales
- China Exported 63,000 Trucks in May, Up 33% YoY
- Top 10 Best-selling Battery-swapping Heavy Trucks in China in April
- China Exported 158,000 Trucks in Q1, Up 41% YoY
- China’s Truck Exports Grew by 43.8% YoY to 46600 Units in Feb., 2023
- China’s Heavy Truck Sales Rising 29% YOY to 77200 in Feb
- China Exports 567,000 Trucks in 2022, Hitting a New High in a Decade