Volkswagen Group’s China subsidiary and CATL, the world’s leading battery manufacturer, have announced plans to collaborate on developing lithium batteries for Volkswagen’s electric vehicles in China. According to a Volkswagen spokesperson, both parties have signed a statement of intent to design custom batteries with enhanced performance and cost efficiency tailored for specific models in the Chinese market. The partnership will also focus on innovations such as vehicle-to-grid technology, enabling EVs to supply power back to the grid, and advanced cooling