Chinese battery manufacturer CALB has been given the go-ahead to become an official supplier to Japan’s Honda Motors in what the Hong Kong-listed company says is a key milestone in its overseas expansion.
The development follows CALB’s passing of audits jointly conducted by experts in both Japan and China, covering its production capacity and quality assurance capability, and opens the door for CALB to begin officially supplying products for Honda’s e:NP1 and e:NS1 models, according to a statement published on CALB’s official WeChat account on Thursday.
“Becoming an official supplier of Honda Motors is another key milestone for the company to further develop overseas,” CALB said.
CALB’s automotive customers already include major local players Xpeng and NIO and its international expansion marks a challenge to compatriot CATL, the world’s largest battery maker with 37% of global market share.
Reuters