300422 Guangxi Bossco Environmental Protection Technology (A)

DGAP-News: Quantron AG becomes importer of CATL in Europe

DGAP-News: Quantron AG / Key word(s): Miscellaneous
Quantron AG becomes importer of CATL in Europe (news with additional features)

14.04.2020 / 09:15
The issuer is solely responsible for the content of this announcement.


Quantron AG becomes importer of CATL in Europe
Lithium batteries from the manufacturer CATL can be purchased from Quantron throughout Europe - a positive impulse for electromobility and the Augsburg region.

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The trend towards electric vehicles is steadily growing. Quantron AG, as an innovative and forward-looking company in the field of the electrification of commercial vehicles and buses, has now taken another important step in planning for the future. The Augsburg-based company and CATL (Contemporary Amperex Technology Co. Limited) concluded a comprehensive trade & service agreement: Quantron is from now on an authorized distributor and service partner of the world's largest lithium ion battery manufacturer for commercial vehicles and industrial applications in Europe. As importer, Quantron AG will be authorized to be CATL's dealer and supply CATL batteries in Europe. . The two companies will thus support each other in their efforts to promote e-mobility in Europe.

CATL battery solutions for Quantron commercial vehicles and customer-specific product developments
In the future, Quantron AG will use standardized CTP (cell to pack) battery solutions (based on LFP chemistry system) for electrified commercial vehicles. This will enable the company to offer high energy density combined with low costs and great sustainability (cobalt free) in the vehicles. For further flexible cooperation the company also offer intergrated battery solutions with CATL's NMC battery products for specific customer requirments, access to CATL standard components enables the company to develop individual battery solutions for specific customer requirements based on NMC-ceels, bring them quickly to series production and deliver them in the appropriate quantities.
Solutions for SMEs also possible in the future
Due to low purchase volumes, small and medium-sized companies often struggle to find battery solutions that meet their needs. By accessing standardized CATL components such as battery modules, Quantron AG will be able to offer appropriate solutions to these customers with short delivery times and good price-performance ratio.

Vision of CATL and Quantron
CATL has become the largest manufacturer of lithium-ion batteries in recent years. The company, headquartered in Ningde (China), has set itself the goal of promoting the expansion of electric mobility in Europe beyond the passenger car market. The cooperation with Quantron additionally strengthens this plan in the areas of sales and after sales.
Good future prospects for the Augsburg region
Quantron AG's cooperation with CATL offers the Augsburg region the opportunity to play a pioneering role in the field of e-mobility. This will also have a particularly positive effect on the job market and offers the opportunity for sustainable and long-term jobs in times of change.
About Quantron AG
Quantron AG represents the fields of e-mobility, e-engineering and e-battery. In addition to the range of new electric commercial vehicles and new e-buses from Karsan, we offer our customers the electrification of their used and existing vehicles, which will then be quiet and emission-free in future. From the design of the appropriate drive concept to driver training, end users benefit from e-mobility in passenger, transport traffic and freight traffic as well as from the comprehensive knowledge of qualified experts in the fields of power electronics and battery technology - among other things through our cooperation with CATL, the world's largest battery producer. Quantron AG was founded in 2019 with the vision of paving the way for e-mobility in the commercial vehicle business. Together with the Haller Group, we look back on over 138 years of experience in commercial vehicles and research our e-vehicles and emission free drive technologies every day to make them even more efficient.

For more information, please visit

About CATL

Contemporary Amperex Technology Co., Limited (CATL) is a global leader in the development and manufacturing of lithium-ion batteries, with businesses covering R&D, manufacturing and sales in battery system for new energy vehicle and energy storage system. In 2019, the company's EV battery consumption volume reached 32.5 GWh worldwide, which was leading in the world (according to data from SNE Research).

Headquartered in Ningde, China, CATL has more than 24,000 employees around the world (by 2018) and subsidiaries in Beijing, Liyang (Jiangsu Province), Xining (Qinghai Province) and Yibin (Sichuan Province), as well as in Munich (Germany), Paris (France), Yokohama (Japan), Detroit (USA) and Vancouver (Canada). In addition, the company owns and operates battery manufacturing facilities in Fujian, Jiangsu, Qinghai and Sichuan provinces, and the Europe plant located in Erfurt, Germany, as well as the first overseas plant, is under construction. In June 2018, the company went public on the Shenzhen Stock Exchange with stock code 300750.

For more information, please visit .

Press contact
Quantron AG: Serhat Yilmaz
0049-82 12 49 9790


Additional features:

Document:
Document title: Andreas Haller quantron AG- Akin Li catl


14.04.2020 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
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