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CATL Marketing Director Yang Qi previously described in an interview with Securities Daily that when the company started its business in 2011, two issues that any startup company must consider were first how to eat a meal, and second, how to solve the problem of sustainable development. The company had a relatively high positioning in the field of power lithium batteries at the beginning of its entrepreneurship, The company set its sights on BMW. Initially, BMW provided over 700 pages of fully German specifications, and it was not easy to achieve them one by one, but we still managed to do so.

BMW Group's research and development center in China has always focused on new energy vehicles. The company not only introduces new products and establishes new factories, but also continuously promotes the development of the new energy ecosystem. CATL is just one aspect of BMW's new energy ecosystem that supports local suppliers in China. BMW also has more long-term and socially responsible actions to consider.

We have also established a partnership with battery recycling company Bangpu Group, initially considering future battery recycling issues. Wei Lande told reporters.

But the commercial society not only has warmth, but also fierce competition. On July 5th, BAIC Group and Daimler signed a new framework agreement to establish a pure electric vehicle production base and power lithium battery factory in Beijing Mercedes Benz, introducing pure electric vehicle products under the Mercedes Benz brand. To this end, both parties jointly invest to establish a pure electric vehicle production base, and carry out local production and research and development of power lithium batteries, using domestically produced battery cells.

According to insiders, the domestic battery cells used by Beijing Mercedes Benz in the future are determined to be those produced by CATL. Will Mercedes Benz's new energy vehicle products under BMW Brilliance be greatly threatened in the future as they use the same supplier and battery cell as BMW in China?

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