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Tramway News: At the Schneider Electric "Creating a Winning Digital Future" 2020 Innovation Summit held on August 5th, CATL and Schneider Electric reached a strategic partnership. According to the agreement, both parties will cooperate in multiple fields such as "green intelligent plants," "new energy generation," "safe electricity use," and "energy storage.".

Founder and Chairman of CATL, Zeng Yuqun, stated, "CATL will work hand in hand with Schneider Electric to complement each other's strengths, explore intelligent production, lithium electrification applications, and integrated solutions, promote the transformation and upgrading of traditional energy to renewable energy, and contribute to a green and sustainable future."

Zhao Guohua, chairman and CEO of Schneider Electric Group, said: "This signing is a milestone in the partnership between the two sides, and I believe it will also promote the development of new energy industries such as lithium batteries in a green, intelligent, efficient and sustainable direction."

In recent years, the development of the new energy industry, represented by the lithium-ion battery industry, has entered a fast lane. Ningde Times focuses on the research and development, production, and sales of lithium-ion battery systems and energy storage systems for new energy vehicles, committed to providing first-class solutions for global new energy applications. Schneider Electric, with 184 years of relevant experience in the industrial field, is promoting the transformation and upgrading of different industries and types of industrial companies with the concept of green intelligent manufacturing and solutions.

According to the agreement, CATL will assist Schneider Electric in achieving its strategic goal of replacing lead-acid with lithium-ion batteries, and jointly expand the emerging lithium-ion battery application market; Schneider Electric will provide comprehensive services for the planning and execution of CATL's green intelligent manufacturing project, helping CATL build an advanced green intelligent factory. At the same time, CATL and Schneider Electric have similar customer groups and complementary products in the energy and other markets. The two sides will work together to build a small distributed energy platform and explore new energy storage applications in data centers and industrial and commercial fields.

In the global distributed energy platform launched by Schneider Electric in collaboration with the ecosystem, CATL will explore new scenarios and applications of new energy together with ecological partners. This platform integrates new energy and energy storage equipment suppliers, general contractors, service operators, and users, providing users with a comprehensive distributed energy approach covering design, construction, operation, and handover, as well as an integrated solution of "new energy generation+energy storage+charging piles".

In addition, both parties will combine their respective business advantages to jointly promote the construction of the ubiquitous power Internet of Things, cooperate to create a comprehensive solution of "UPS+energy storage+distribution", and provide customers with multi site integration renovation and new project services.

Schneider Electric Global Executive Vice President China's regional president Yin Zheng said, "With the strategic cooperation between Schneider Electric and CATL, the complementarity of their solutions, technological advantages, and market strategies is strengthened, thereby releasing more momentum. Similarly, the deep cooperation between the two sides will also have a positive impact on the rapidly changing lithium-ion battery market, providing a demonstration for more new energy companies' digital transformation."

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