China's CATL teams up with Thai automaker to manufacture EV batteries

China's CATL teams up with Thai automaker to manufacture EV batteries

FILE PHOTO: The logo of Chinese battery maker CATL is seen among a display of batteries at an exhibition in Beijing, China October 12, 2022. REUTERS/Florence Lo/File Photo

Chinese electric-vehicle (EV) battery giant Contemporary Amperex Technology Co. Ltd. (CATL) has signed an agreement with Thai automaker Arun Plus Co. Ltd. to jointly manufacture batteries in the Southeast Asian country.