CATL set to boost global energy storage with world’s largest testing facility in Xiamen
The firm says it has completed a 3 billion yuan research facility for testing energy storage systems
The company, which commands nearly 40 per cent of the world’s EV battery market, announced on Thursday the official launch of a 3 billion yuan (US$442.52 million) research facility in Xiamen, a city in China’s southeastern Fujian province.
The testing platform – which is expected to open to the whole industry – may help China-made products expand overseas, according to Chen Xiaobo, head of ESVL, as regulators in Western grids typically have higher standards for safety and technology.
“If the products of domestic integrators expanding overseas can perform well in quality, reliability, safety and connection with local grids [at ESVL], I believe this will rapidly enhance their overall competitiveness,” Chen said at a media briefing on Thursday.
