🔋 CATL Technology Drives Sri Lanka's EV Transition
• Global EV battery giant, Contemporary Amperex Technology Co. Ltd. (CATL), is now setting new benchmarks for electric mobility in Sri Lanka through a partnership with Evolution Auto Ltd. • CATL holds a remarkable 42.81% global market share for EV batteries, supplying technology used by top automotive brands worldwide, including Tesla and BMW. • Local partner, Evolution Auto Ltd., is integrating this world-class technology into its portfolio of advanced Chinese EVs for the Sri Lankan market (e.g., Avatr 11, Geely Ridara RD6 Pickup). • This collaboration is crucial for Sri Lanka’s transition to sustainable mobility, guaranteeing the highest standards of quality, reliability, and safety for local consumers. • The initiative supports national efforts to reduce carbon emissions and fuel dependency by accelerating the adoption of smarter, cleaner, and more energy-efficient transportation.