CATL and Chery Register Second Battery JV in Wuhu With 1B Yuan
CATL and Chery registered a second battery manufacturing joint venture in Wuhu on Oct. 19, with 1 billion yuan of capital and CATL at 51%. Capacity is undisclosed.
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Key facts from corporate registry data reported by Gasgoo and EnergyTrend.
Illustration (AI-generated)
CATL and Chery Automobile have registered a second battery joint venture, CATL Chery (Wuhu) New Energy Technology, with registered capital of 1 billion yuan, according to Gasgoo and EnergyTrend. EnergyTrend, citing QCC.com, dates the registration to October 19 and places the company in Nanling County, Wuhu, Anhui Province.
The two CATL-Chery ventures carry 3 billion yuan of registered capital, 1 billion of it added in October.
Illustration (AI-generated)
CATL holds 51% in total, including a 1.4553% indirect stake, and Chery Automobile holds 49%, EnergyTrend reports. The business scope covers battery manufacturing and sales, battery components and energy storage technical services; Gasgoo says the focus is research and manufacturing of power-battery products.
It is the pair's second such venture this year. The first, registered on February 13 in Chaohu, Hefei, has 2 billion yuan of registered capital, with CATL at 51% and Chery Automobile and Chery Commercial Vehicles holding 42.33% and 6.67%, EnergyTrend says. Together the two companies carry 3 billion yuan of registered capital in Anhui. Gasgoo adds that CATL and Chery launched the ENER-Q battery brand in 2023, with Chery the first to fit sodium-ion batteries, and signed a battery-swap cooperation agreement in April 2026.
