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Kia EVs adopts CATL lithium-ion batteries

by Linda Ma
June 23, 2022
in Battery, Brand, KIA, News
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KIA Niro - Kia EVs adopts CATL lithium-ion batteries
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CATL, the Chinese electric vehicle battery giant has supplied EV batteries to South Korea’s Kia Corp. This marks the use of electric vehicle batteries from outside Korea for home sales.

Kia, an affiliate of Hyundai Motor Co., uses CATL for its Niro electric crossover SUV. The use of CATL batteries aims to expand the reach of battery suppliers, a South Korean newspaper reported on Wednesday.

“With sales of its battery electric vehicles growing globally, Kia is cooperating with various battery suppliers to diversify and stabilize battery supply,” Kia said in a statement to Reuters, confirming the use of CATL’s batteries.

See also: CATL looking to gain billions by price jumbo stock offering

Reuters in its report said a CATL spokesman also confirmed the report, without elaborating.

CATL is the world’s largest electric vehicle battery manufacturer with clients including Tesla and Volkswagen AG.

Industry tracker SNE Research says in the booming electric vehicle market, CATL has a share of more than 35% of the global electric vehicle battery market.

For sales of electric vehicles in South Korea, Hyundai Motor and Kia previously only used batteries from two South Korean companies – LG Energy Solution Ltd and SK Innovation.

Tags: CATLcrossoverelectric vehicleskiaKIA NiroLG Energy SolutionlithiumLithium-ion
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Linda Ma

Linda Ma

Studied in marketing. Linda has been covering the electric vehicle scene since 2010 with focus in sports and China EV Brand.

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