CALB gains traction abroad with Honda offer

SHANGHAI – Chinese battery producer CALB has been provided the go-in advance to become an formal provider to Japan’s Honda Motor Co. in what the Hong Kong-listed enterprise claims is a vital milestone to increase globally.

The progress follows CALB’s passing of audits jointly conducted by specialists in both equally Japan and China, masking output potential and high quality assurance capability, and opens the doorway for CALB to commence officially giving products and solutions for Honda’s e:NP1 and e:NS1 designs, in accordance to a statement published on CALB’s formal WeChat account on Thursday.

“Getting an formal supplier of Honda Motors is a different essential milestone for the business to additional build abroad,” CALB explained.

CALB’s automotive prospects already consist of electrical-auto makers Xpeng and Nio and its worldwide growth marks a problem to China’s CATL, the world’s largest battery maker, with 37 per cent of the global industry.