Contemporary Amperex Technology (SHE:300750) will purchase electrolyte materials from Zhejiang Yongtai Technology (SHE:002326) subsidiary Zhejiang Yongtai New Energy Materials under a cooperation agreement.
CATL will purchase 70,000 tons in 2026 with a variance of 10,000 tons, according to a Tuesday filing.
The battery giant is set to buy 150,000 tons in 2027 with a variance of 20,000 tons, and 250,000 tons in 2028 with a variance of 40,000 tons.
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