【Summary】California-based electric vehicle startup Fisker Inc. and Chinese battery maker Contemporary Amperex Technology Co Ltd (“CATL”) today announced a formal agreement to supply batteries for the upcoming Fisker Ocean electric SUV. Under the terms of the agreement, CATL will supply two different battery types for the Fisker Ocean SUV, with an initial battery capacity of over 5 GWh annually, from 2023 through 2025.
California-based electric vehicle startup Fisker Inc. and Chinese battery maker Contemporary Amperex Technology Co Ltd ("CATL") today announced a formal agreement to supply batteries for the upcoming Fisker Ocean electric SUV.
Under the terms of the agreement, CATL, which is also Tesla's battery supplier in China, will supply two different battery types for the Fisker Ocean, with an initial battery capacity of over 5 GWh annually from 2023 through 2025.
According to Fisker, the primary high-capacity pack will use a lithium nickel manganese cobalt (NMC) cell chemistry, while the second will be built using CATL's latest cells based on lithium-ion phosphate (LFP) chemistry.
Most automakers are using either nickel-cobalt-aluminum (NCA) or nickel-manganese-cobalt (NMC) batteries for their electric vehicles because of their higher energy density, which delivers a longer range.
Fisker and CATL teams have been working together in close collaboration since 2020 to develop class leading batteries which are optimized for vehicle structure, crashworthiness and very high...
Read Full Story: https://www.futurecar.com/4972/EV-Startup-Fisker-Inc-Secures-a-Long-term-Battery-Supply-Deal-With-China%E2%80%99s-CATL
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