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China's CATL to Supply Cars with its EV Chassis in 1st Overseas Project in Turkey

BEIJING, May 7 (Reuters) - Chinese electric vehicle battery giant CATL said ​on Thursday that it would co-develop ‌cars based on its Panshi EV chassis with Turkish EV maker Togg, marking the first overseas supply ​of the Chinese EV platform.

The two ​companies will jointly develop three B-segment models, with ⁠the first model scheduled for mass ​production in 2027, according to a company statement.

CATL ​is continuing to expand partnerships in Europe, Southeast Asia and other markets, it said in the statement, ​without elaborating.

The partnership will support the development ​of new electric vehicles for the Turkish market, Togg ‌said, ⁠and the models are set to be available in Turkey gradually from the middle of next year.

The EV battery specialist, the ​world's largest, launched ​the ⁠so-called "skateboard" chassis at the end of 2024, touting safety as a ​key selling point, as it pushes ​beyond ⁠batteries.

Last year, CATL said it would partner with Changan Mazda to develop EVs based on ⁠its ​EV chassis.

Reporting by Qiaoyi Li ​and Kevin Krolicki; additional reporting by Can Sezer in ​İstanbul; Editing by Toby Chopra and Louise Heavens

Source: Reuters


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