Contemporary Amperex Technology, China's largest automotive lithium-ion battery maker, began construction work on its first battery plant in north China on Tuesday, the company has announced.
The plant, covering an area of about 260,000 square meters, is situated in the Beijing Economic-Technological Development Area. It will be built in two phases and is scheduled to start production in 2026.
A joint venture with partners such as Xiaomi and Beijing Automotive Group Co., Ltd., the plant will produce electric vehicle (EV) batteries. CATL is the plant's controlling shareholder.
