The battery pack from the CATL will be installed in Lightning’s commercial electric vehicles in the spring of 2022 (Photo: Lightning eMotors / D. Bennett)
The battery pack from the CATL will be installed in Lightning’s commercial electric vehicles in the spring of 2022 (Photo: Lightning eMotors / D. Bennett)
Loveland, Colorado--(BUSINESS WIRE)--Lightning eMotors (NYSE: ZEV) is a leading supplier of medium and heavy-duty special commercial electric vehicles in the fleet. Produced by Battery Products Co., Ltd. ("CATL"), a global leader in new energy innovation technology.
A two-year agreement with CATL distributor Coulomb Solutions, Inc. (CSI) provides Lightning eMotors with additional options around form factors. Having a variety of battery size and shape options enables Lightning to meet various use cases and better meet customer requirements, which is critical to their goal of providing highly customized zero-emission commercial vehicles.
Chelsea Ramm, Vice President of Global Supply Chain, Lightning eMotors, said: “CATL has a proven battery pack configuration lineup, which will provide additional flexibility for our wide range of medium and heavy-duty zero-emission commercial electric vehicles.” “CATL’s mature product portfolio combines Our existing and ongoing partnerships provide us with a variety of high-efficiency battery pack options because we work with our customers to configure the right vehicles to meet their needs."
CATL battery products will be offered to Lightning in two battery pack options, namely 30 kWh batteries and 35 kWh batteries, with a total battery capacity of more than 175 MWh.
In addition, Lightning eMotors is working with CATL and CSI to design and install contactor safety switch systems on CATL C and G battery packs, which will be unique to Lightning-eMotors. These switch systems will allow emergency personnel to easily disable the entire EV power system of the vehicle in the event of an accident.
Vehicles using CATL battery packs are expected to start production in March and will help Lightning eMotors complete a wide range of customer orders in 2022.
Tim, CEO of Lightning eMotors, said: "The new partnership with CSI provides CATL's advanced battery system, which marks an important step forward in our battery procurement plan and allows us to provide customers with satisfaction faster The zero-emission vehicles they expect." Reiser. "CATL has established itself as a respected industry leader, and our unique safety function innovation means that Lightning eMotors customers can get unique first-class vehicles."
Lightning eMotors (NYSE: ZEV) has been providing professional and sustainable fleet solutions since 2009, and has deployed a complete Zero Emission Vehicle (ZEV) solution for commercial fleets since 2018-including Class 3 trucks And buses, ambulances, class 4 and class 5 cargo vans and shuttle buses, class 4 class A school buses, class 6 working trucks, class 7 city buses and class A buses. The Lightning eMotors team designs, designs, customizes, and manufactures zero-emission vehicles, supporting a wide range of fleet customer needs through a full set of control software, telematics, analysis, and charging solutions to simplify the purchase and ownership experience and maximize uptime And energy efficiency. For more information, please visit our website https://lightningemotors.com.
About Contemporary Amp Technology Co., Ltd.
Contemporary Ampere Technology Co., Ltd. (CATL) is a global leader in new energy technology innovation, committed to providing first-class solutions and services for global new energy applications. In June 2018, the company was listed on the Shenzhen Stock Exchange with the stock code 300750. According to data from SNE Research, in 2020, CATL's electric vehicle battery consumption has ranked first in the world for four consecutive years. CATL has also been widely recognized by global OEM partners. In order to achieve the goal of replacing fossil fuels in fixed and mobile energy systems with high-efficiency power systems generated by advanced batteries and renewable energy, and to promote the integrated innovation of market application electrification and intelligence, CATL has maintained continuous innovation in four aspects. Including battery chemical system, structural system, manufacturing system and business model. For more information, please visit https://www.catl.com/en/.
About Coulomb Solutions Inc. (CSI)
CSI provides high-quality, proven components to the North American commercial electric vehicle market at wholesale prices. The company's goal is to quickly adopt electric drive systems in commercial trucks, buses, vans, locomotives and marine applications. As its cornerstone, CSI is the North American authorized distributor of CATL commercial vehicle batteries, the world's largest designer and manufacturer of lithium-ion batteries. Currently, CATL’s batteries power more than 350,000 buses and trucks that operate daily with some of the largest commercial fleets in demanding environments and terrain. CSI also has a series of proven commercial electric vehicle accessories, including battery heating and cooling systems, electric air conditioning compressors, electric cab heaters, electric steering pumps, electric air compressors for braking, and accessory inverters And on-board AC and fast DC chargers. Learn how CSI has achieved the electrification of commercial vehicles on our website www.coulombsolutions.com.
This press release contains forward-looking statements within the meaning of the U.S. federal securities laws. Such forward-looking statements include, but are not limited to, statements regarding the expected types of battery packs and battery capacity kWh to be provided under the agreement between Lightning eMotors and CATL/CSI, and whether the agreement will further increase the installation capacity of Lightning part or all of the battery packs The potential impact of the contactor safety switch system on Lightning eMotors on the ability of Lightning eMotors to meet customer expectations, the expected production date of the battery pack or the delivery date of the customer’s order, and its expectations, hopes, beliefs, and the intentions of Lightning eMotors’ future business plans , Plan, prospect or strategy. Any statements contained herein that are not statements of historical facts may be considered forward-looking statements. In addition, any statements involving predictions, forecasts or other characteristics of future events or conditions, including any basic assumptions, are forward-looking statements. "Expect", "believe", "continue", "may", "estimate", "anticipate", "intend", "may", "may", "plan", "may", "potential" and other words " "Forecast", "project", "should", "will" and similar expressions can identify forward-looking statements, but the absence of these words does not mean that the statement is not forward-looking. The forward-looking statements contained in this press release are based on certain assumptions and analyses made by Lightning eMotors’ management based on their respective experience and views on historical trends, current conditions, and expected future development, as well as their potential impact on Lightning eMotors, and their Other factors that are considered appropriate in this situation. There is no guarantee that the future development of Lightning eMotors will be expected. The forward-looking statements contained in this press release are subject to known and unknown risks, uncertainties, assumptions, and other factors that may cause actual results or results to differ from any future results or results expressed or implied by the forward-looking statements There are major differences. These risks, uncertainties, assumptions and other factors include but are not limited to: (i) the actual number of batteries received from Ningde Times under our agreement and their successful integration into our products, (ii) The number of batteries related to our operations and business, and financial performance; (iii) Our ability to execute business strategies and increase demand for our products and revenue; (iv) Our ability to maintain the supply of necessary components from third-party suppliers ; (V) The potential severity, scale and duration of the COVID-19 pandemic, as it affects our business operations, global supply chain, financial performance and conditions, as well as the U.S. and global economies; (vi) current market conditions and federal, State and local laws, regulations, and government incentives, especially those related to the commercial electric vehicle market; (vii) the size and growth of the market in which we operate; (viii) the product mix used by our customers and their demand for these products ; (Ix) Market acceptance of new products and whether this will become a catalyst for others to buy electric vehicles. In addition, we operate in a highly competitive and rapidly changing environment, and new risks may arise from time to time. You should not place undue reliance on any forward-looking statements. Forward-looking statements should not be construed as guarantees of future performance or results, nor do they necessarily indicate accurately the time or time (if any) when such performance or results will be achieved. If one or more of these risks or uncertainties become reality, or if any assumptions prove to be incorrect, actual results may differ materially from those predicted in these forward-looking statements. We assume no obligation to update or revise any forward-looking statements, whether due to new information, future events, or other reasons, unless applicable securities laws may require it.
Lightning eMotors Press Contact: Nick Bettis (800) 223-0740 pressrelations@lightningemotors.com
Lightning eMotors announces the establishment of a strategic commercial EV battery partnership with CATL Battery Systems to diversify the selection of battery suppliers
Lightning eMotors Press Contact: Nick Bettis (800) 223-0740 pressrelations@lightningemotors.com