CATL Signs 77 Million Ton Electrolyte Supply Agreements with Yongtai Technology and Xinzhou Bang Through 2028

According to company announcements released on June 7-8, CATL (Ningde Times) has signed long-term electrolyte supply agreements with Yongtai Technology and Xinzhou Bang, committing to purchase a combined 77 million tons of electrolyte over 2026-2028. Yongtai Technology's subsidiary will supply 47 million tons (7 million tons in 2026, 15 million tons in 2027, and 25 million tons in 2028), while Xinzhou Bang will supply 30 million tons (5 million tons in 2026, 10 million tons in 2027, and 15 million tons in 2028). Electrolyte, a core material in lithium battery production, directly impacts energy density, charging efficiency, cycle life, and safety performance.
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