- Maersk will become CATL’s preferred global logistics partner, providing integrated services including ocean freight, air freight, project logistics, and warehousing.
- The collaboration aims to enhance CATL’s supply chain operations and support its international growth objectives.
CATL (SHE: 300750) has established a new collaboration with global logistics giant A.P. Moller – Maersk as the Chinese power battery leader accelerates its international expansion.
The two companies signed a global strategic cooperation memorandum in Hong Kong on October 9 to support CATL’s worldwide business development, according to a statement released today.
The memorandum builds upon Maersk and CATL’s five-year collaboration in maritime shipping, multimodal transport, and other logistics solutions.
Under the new agreement, Maersk will become CATL’s preferred global logistics partner, providing integrated services including ocean freight, air freight, project logistics, and warehousing.
The parties will also explore efficient and scalable models to help CATL maintain supply chain resilience amid a rapidly evolving global landscape.
Customized solutions will be developed to address specific market requirements.
These collaborations aim to advance CATL’s supply chain operations and support its international growth objectives, the Chinese battery manufacturer said.
Maersk and CATL will also collaborate to leverage CATL’s battery technology for electrification at critical supply chain nodes. This includes exploring electrification in container shipping and port ecosystems, inland transportation, and warehousing.
Under the agreement, CATL will become the preferred battery technology partner for Maersk’s decarbonization roadmap.
Maersk aims to achieve net-zero greenhouse gas emissions across its entire operations by 2040.
In June this year, CATL entered into a partnership with Maersk subsidiary APM Terminals to accelerate the electrification of container handling equipment using high-performance batteries.
CATL is the world’s largest power battery manufacturer, holding a 37.5 percent share of the global EV battery market from January to July, according to data from South Korean market research firm SNE Research.
The facility is CATL’s second European plant besides its German operation, with an annual capacity target of 100 GWh.
