In Pictures: CATL signs tech deal with Egypt's BME to support local battery pack production

The CATL-BME deal aims to accelerate Egypt's shift toward locally produced battery packs for electric transport.

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Egypt's battery push could eventually extend beyond commercial vehicles to passenger EVs.

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Battery pack production is a key step in building a domestic EV supply chain.

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CATL will supply production equipment and training for the BME-owned plant in Egypt.

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The planned facility is initially targeting 1 GWh of annual battery pack capacity.

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The plant will mainly serve heavy commercial vehicles before expanding to other segments.

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Egypt joins a growing list of markets seeking localized battery manufacturing.

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Long-term plans call for scaling the Egyptian plant to 5 GWh and adding energy storage products.

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The agreement reflects CATL's broader strategy of licensing its battery technology overseas.

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