It is reported that CATL-FAW Power Battery Company (CFBC) officially started production. According to the report, the new energy power battery products made by FAW Intelligent will mainly support all models of the "Hongqi" FME platform and FAW-Volkswagen MEB platform models to fully promote the process of FAW Group's electrification strategy.

China-based power battery provider Contemporary Amperex Technology Limited (CATL) and the state-owned carmaker FAW Group have set up a joint venture dubbed CATL-FAW Power Battery Company (CFBC) in January 2019. The company settled in Xiapu of Fujian province in Southeastern China, with main business including new energy power battery production, sales, after-sales, and technical services, etc.

Relying on CATL’s industry-leading intelligent manufacturing systems and technical capabilities, as well as continuous innovation in equipment and technology, FAW’s production automation, intelligence and information technology can reach world-class levels. The production line has flexible production capacity, compatible with battery manufacturing with different chemical systems of ternary and lithium iron phosphate, and the production efficiency of the battery cell production line is world leading. At the same time, Time FAW implements strict life-cycle quality management to provide a full range of guarantees for the creation of high-quality power battery products and services.

It is reported that the Pentium FME electric vehicle platform can realize the expansion of A0, A, and B class models, and the body structure will also include sedan, SUV, MPV, etc., so as to meet the needs of electric vehicle product planning, and reserve for future upgrades enough space.