CATL Signs Agreement with Egypt's BME to Support Local Battery Pack Production

Recently, CATL officially signed a cooperation agreement with Egyptian battery manufacturer BME. Under the agreement, CATL will assist BME in localizing battery pack assembly and production in Egypt. Building on prior cell procurement intentions, CATL will now provide BME with battery pack technology licensing, production equipment, and training services. The battery pack plant, fully funded by BME, is planned to have an annual capacity of 1 GWh and will primarily produce traction batteries for heavy-duty commercial vehicles. Once operational, BME will directly supply local automakers. BME was jointly established by Egyptian commercial vehicle manufacturer MCV and automotive solutions provider Auto D. According to long-term plans, the facility could eventually expand its capacity to 5 GWh and extend its product portfolio to include passenger vehicle battery packs as well as energy storage systems integrated with photovoltaic and wind power installations.