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GAC, CATL Beef up R&D Co-op in Intelligent Chassis, Battery Swapping
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GAC GROUP (02238.HK)(601238.SH) and CATL (03750.HK)(300750.SZ) officially forged a comprehensive strategic cooperation agreement.

Pursuant to the agreement, GAC and CATL will engage in a ten-year long-term cooperation, harnessing their respective advantages in manufacturing, technology, resources, and market to co-build a systematic ecosystem and a new pattern of coordinated development.

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In terms of specific cooperation, both parties will enhance R&D collaboration in the fields of intelligent chassis and battery swapping, supporting GAC's passenger car brands in creating competitive NEV products. Additionally, they will undertake long-term in-depth cooperation in battery leasing and joint station construction businesses.
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