CATL, COMAC come together to develop electric aircraft

Contemporary Amperex Technology (CATL), China’s largest battery maker for electric vehicles that supplies batteries for Tesla has launched an aviation division to commence mass production of electric planes. Going ahead, CATL has launched a joint venture with Commercial Aircraft Corporation of China (COMAC) and Shanghai Jiaotong University named COMAC CATL Aviation Co., Ltd. to develop fixed-wing electric aircraft. According to the business registration information, COMAC CATL Aviation Co., Ltd. has a registered capital of 600 million yuan ($83 million) in the Lingang Area of Shanghai. The establishment of the new joint venture company is aimed at a pre-research project for an