HyperStrong, CATL Sign Deal for 200 GWh Battery Cell Supply Commitment

Beijing's HyperStrong Technology (HyperStrong) and Contemporary Amperex Technology Co., Limited (CATL) entered a Cooperation Agreement, entering a new long-term partnership.

According to the agreement, from January 1, 2026, to December 31, 2028, HyperStrong will procure no less than 200 GWh of battery cells from CATL. This collaboration would help to lay a solid foundation for the large-scale deployment of its global energy storage business.

The cooperation also establishes a long-term cooperation mechanism between the two parties. Under the agreement, during the cooperation period from January 1, 2026, to December 31, 2035, HyperStrong and CATL will review and update their rolling three-year cooperation targets annually before December 1 each year and reach a consensus through corresponding memorandums of understanding.

Leveraging their respective strengths in battery technology, energy storage system integration and global deployment, the bilateral partnership will further expand into broader dimensions.

About The Collaboration

The two companies will jointly explore the following business models that including but not limited to:

• Establishing energy storage industry investment funds
• Creating an integrated management platform for project development,
• Investment, operation, and maintenance,
• Pursuing collaborative procurement of components for AC system. 
• These initiatives will enhance supply chain coordination and optimize resource allocation for both parties.

This partnership helps to build a diversified and multi-dimensional energy ecosystem and strenghten cooperation allowing both parties to promote efficient resource integration and shared value creation.

Looking ahead, HyperStrong and CATL will continue to deepen their collaboration, jointly tackling core industry challenges, and advancing the technological progress and industrial upgrading of the energy storage sector – empowering global energy transition with advanced energy storage solutions.

China Builds On Trio Market: EV, Li-Ion and PV cells

CATL has earlier saw rapid growth in China's new energy industry which is now expanding its presence in "New Trio" which is represented by electric vehicles, lithium-ion batteries, and photovoltaic cells. Together, they have become new pillars of China's exports. 

CATL explained that over the past decade, it has consistently maintained long-term R&D investment, totaling over RMB 80 billion, with more than RMB 15 billion invested in the first three quarters of this year. 

As of the first half of this year, we have accumulated nearly 50,000 patents either owned or in the application process, making CATL one of the Chinese companies with the most international patent applications.

At present, the company said its mass-produced fourth-generation LFP battery outperforms mainstream second and third-generation products in the industry in energy density, product lifecycle, and power density. Building on this, the company also launched its fifth-generation LFP product recently which achieved new breakthroughs in energy density and cycle life.