Volvo to Pay Millions of US Dollars for Chinese CATL Batteries
Zhang Yushuo
/SOURCE : yicai
Volvo to Pay Millions of US Dollars for Chinese CATL Batteries

(Yicai Global) May 15 -- Contemporary Amperex Technology, China's largest electric vehicle battery maker, will provide power units for Volvo Car Group's vehicles as well as those that Polestar, the Gothenburg-based carmaker's joint venture with China's Geely Automobile Holdings, produce. 

CATL and Volvo penned a battery contract worth millions of US dollars, the Fujian province-based firm said in a statement today.

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Keywords: Volvo , battery , CATL , Polestar