on Schaeffler AG (ETR:DE000SHA)
Schaeffler and CATL Strengthen Partnership on Battery Management Systems
Schaeffler AG and CATL have signed a memorandum of understanding to jointly develop Battery Management Systems (BMS) and Integrated PowerBox (IPB) solutions. This collaboration targets Europe's increasing demand for innovative electrification solutions and leverages the expertise of both companies to enhance competitiveness.
This partnership focuses on creating BMS tailored for European automakers and "X-in-1" IPB solutions. Schaeffler brings experience across the BMS value chain, while CATL contributes its cell production and battery system expertise. This strategic alliance aims to provide robust electrification solutions in Europe and beyond.
Industry leaders cite the increasing need for integrated e-mobility solutions in Europe. This partnership is expected to accelerate the mass production and market adoption of new energy technologies, contributing to sustainable mobility on a global scale.
R. P.
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