Environment
CATL Invests in New Zealand Firm to Develop Graphite From Wood
Key Points
CATL Invests in New Zealand Firm to Develop Graphite From Wood Contemporary Amperex Technology Co. Ltd. is investing in a New Zealand-headquartered company that converts forestry byproducts into graphite for use in lithium batteries. The world’s largest maker of electric-vehicle batteries will collaborate with CarbonScape Ltd. with a view to scaling up production of bio-based graphite to meet growing demand from the global automotive and energy-storage industries.
CATL Invests in New Zealand Firm to Develop Graphite From Wood
Contemporary Amperex Technology Co. Ltd. is investing in a New Zealand-headquartered company that converts forestry byproducts into graphite for use in lithium batteries.
The world’s largest maker of electric-vehicle batteries will collaborate with CarbonScape Ltd. with a view to scaling up production of bio-based graphite to meet growing demand from the global automotive and energy-storage industries.