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(Yicai Global) Dec. 6 -- BAIC BJEV, the electric vehicle unit of Beijing Automotive Group, signed an agreement with China's leading battery provider Contemporary Amperex Technology today to deepen their cooperation in tech development and goods supply.
The pair will also promote the development of new car models, improve the supply chain of vehicle batteries and also develop new projects, said Xu Heyi, chairman of Beijing Automotive Group and BAIC BJEV.
BAIC BJEV launched its first model using CATL batteries in 2012, and the two firms signed a long-term supply agreement in 2016.
Editor: James Boynton