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Home > Finance > China's CATL to partner with Maersk unit to develop advanced battery products

Finance

China's CATL to partner with Maersk unit to develop advanced battery products

Published by Global Banking and Finance Review

Posted on June 4, 2025

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BEIJING (Reuters) -Chinese electric vehicle battery giant CATL said on Wednesday that it would partner with a unit of Danish shipping firm Maersk, APM Terminals, on the development and after-sales support of advanced battery products.

The tie-up that also covers battery recycling is an extension of a strategic deal entered on Wednesday. Under the deal, the two companies will accelerate the electrification of container handling equipment with high-performance batteries, the company said in a statement.

(Reporting by Beijing newsroom, Editing by Louise Heavens)

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