Yongtai Technology: Subsidiary Signs Electrolyte Cooperation Agreement with CATL, with Estimated Procurement Volume of 470,000 Tons from 2026-2028
Ningde Times has signed separate electrolyte supply agreements with two Chinese chemical companies, Yongtai Technology and New Zealander Bond. The agreements, spanning from 2026 to 2028, outline expected procurement volumes of 470,000 tons for Yongtai Technology and 300,000 tons for New Zealander Bond. These deals are anticipated to positively impact the financial performance of both chemical suppliers during the specified period. AI
IMPACT Secures critical raw material supply for EV battery production, potentially impacting battery costs and availability.