On February 14th, information sourced from the Qichacha APP unveiled that Contemporary Chery (Hefei) New Energy Technology Co., Ltd. has been recently established. Lai Yongjie has been appointed as the legal representative, and the company boasts an impressive registered capital of 2 billion yuan. Its business scope is quite extensive, encompassing battery manufacturing, the production and sales of battery parts and components, along with energy storage technology services. A closer look at the equity structure reveals that this company is a collaborative venture jointly held by CATL, Chery Automobile, and Chery Commercial Vehicle (Anhui) Co., Ltd.
