CATL wins U.S. high-end automotive customers to provide Fisker with 5GWh batteries

A few days ago, Fisker, a US electric vehicle start-up, officially stated that CATL agreed to provide more than 5GWh of battery capacity per year for the OceanSUV under Fisker Motors. CATL will produce small lithium iron phosphate battery packs and large high nickel manganese cobalt battery packs for Ocean.

 

According to reports, Fisker and CATL confirmed a formal agreement to ensure the battery capacity of Fisker’s high-end pure electric SUV, Ocean.

 

According to the agreement, CATL will provide Fisker Ocean with two different battery solutions, including lithium nickel manganese cobalt (NMC) chemical batteries and the latest chemical batteries based on lithium phosphate (LFP) research and development. From 2023 to 2025, the initial battery capacity provided by CATL will exceed 5GWh per year.

Alexander focuses on breaking news stories and ensuring we offer timely reporting on some of the latest stories released through market wires. He has previously spent over 5 years as a trader in us stock market and is now semi-retired. Now he works for investingbizz.com specializing in quicker moving active shares with a short term view on investment opportunities and trends. He covers financial sector news.

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