China's Senior Technology to Provide VolsWagen's Unit with Lithium-Ion Battery Separators

MT Newswires Live

2024/11/13

Shenzhen Senior Technology Material (SHE:300568) signed a supply agreement with Volkswagen Group's battery subsidiary to provide lithium-ion battery separators from 2025, according to a Monday filing with the Shenzhen bourse.

Senior Technology's European unit will supply about 2.09 billion square meters of these separators over seven years, helping Volkswagen's electric vehicle expansion.

The agreement will be based on market demand and will be essential for the EVs manufacturing in the long run.

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