[SMM New Energy] CATL Signs Two Major Lithium Battery Production Bases

Published: Feb 4, 2026 14:36

Save

The Quanzhou Municipal People's Government and CATL have officially signed a cooperation agreement for the new energy battery production site project. Quanzhou Vice Mayor Lei Lianming and CATL Assistant to the Chairman and Director of Corporate Planning Department Qu Tao signed the agreement on behalf of both parties. According to the cooperation agreement, the two sides will engage in in-depth collaboration on the R&D and manufacturing of new energy batteries, utilizing advanced green manufacturing technologies to build intelligent, zero-carbon modern factories, improve the industry chain supporting facilities, drive coordinated development among upstream and downstream enterprises, and jointly strengthen the new energy industry ecosystem.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

34 mins ago

SMM Daily Review: February 4 Spot Lithium Carbonate Prices Continued to Decline

The SMM battery-grade lithium carbonate index stood at 149,831 yuan/mt. Battery-grade lithium carbonate was priced at 142,000-164,000 yuan/mt, with an average of 153,000 yuan/mt. Industrial-grade lithium carbonate was priced at 139,000-160,000 yuan/mt, with an average of 149,500 yuan/mt. The most-traded lithium carbonate futures contract fluctuated range-bound today, trading mainly between 145,600 yuan/mt and 152,600 yuan/mt. In terms of trading activity, upstream lithium chemical plants showed a clear sentiment to hold prices firm, and their willingness to sell spot orders remained weak. Downstream material plants maintained a cautious wait-and-see attitude, sticking mainly to a strategy of buying the dip. Overall market inquiries and transactions were slightly sluggish.

34 mins ago

35 mins ago

【750 Million RMB Spent Lithium Battery Comprehensive Utilization Project Lands in a City】

Recently, the Ecological Environment Bureau of a city in a province released an announcement regarding the approval of the environmental impact assessment documents for the "Retired Power Battery and Spent Lithium Battery Comprehensive Utilization Project" at the Guangzhou headquarters of a provincial new energy circular economy zero-carbon smart industrial park. A smart energy development company's project is located in a town, a district of the city, mainly constructing facilities to produce cascaded use batteries using 30,000 tons/year of spent lithium-ion battery packs (modules) as raw materials through disassembly and assembly processes.

35 mins ago

36 mins ago

【Pre-Approval Announcement for a Spent Lithium Battery Comprehensive Recycling and Utilization Project in a Province】

Recently, the Administrative Committee of a high-tech industrial development zone in a city of a province released the pre-approval announcement for the planning adjustment of a spent lithium battery comprehensive recycling and utilization project. Located in a new materials recycling industrial park within the high-tech zone, the project will be implemented in two phases. Phase I involves building an annual recycling and utilization project for 20,000 tons of lithium battery waste powder. Phase II involves building a recycling and utilization project for 100,000 tons of spent lithium batteries unsuitable for cascaded use

36 mins ago