eastwest connect

CATL signed a strategic cooperation agreement with 58Tongcheng (China’s Craigslist)


According to CATL, on April 13, CATL and 58Tongcheng signed a strategic cooperation agreement in Ningde, Fujian, planning to carry out comprehensive strategic cooperation in various fields such as new energy vehicles and the circulation of new energy second-hand vehicles.

Han Wei, co-president of CATL Market System, and Li Jian, senior vice president of 58 Tongcheng, signed the agreement on behalf of the two parties. Zeng Yuqun, Chairman of CATL, and Yao Jinbo, CEO of 58Tongcheng witnessed the signing.

According to the agreement, in the field of new energy vehicles, CATL will provide 58Tongcheng with competitive products and service guarantees, and support 58Tongcheng in developing the new energy vehicle market; In the field of new energy second-hand car circulation, 58Tongcheng will give full play to its advantages in traffic, channels, and platforms, and jointly promote the large-scale and standardized development of new energy second-hand car circulation with CATL to establish the brand influence of CATL. In addition, the two parties will cooperate in various fields such as domestic household energy storage and new energy vehicle aftermarket.

In the future, the two parties will establish a sustainable partnership of “co-creation, sharing, and shared responsibility” to promote their respective businesses to achieve leapfrog development through resource sharing, complementary advantages, and business innovation.