CAIT-SH and JAC Yiwei Sign Agreement on CIIC Technology Cooperation

Recently, Contemporary Amperex Intelligence Technology (Shanghai) Limited (CAIT-SH) and JAC Yiwei signed a technical cooperation agreement to implement vehicle manufacturing incorporating CAIT-SH's CIIC (CATL integrated intelligent chassis). This agreement signifies a deepening collaboration between the two companies, focusing on technical collaboration in the CIIC, a skateboard chassis technology, to develop new vehicle platforms based on the chassis and advance the implementation of multiple scenario-based vehicle models.

The agreement was signed by Xie Zhenxing, Chairman and General Manager of Yiwei Automotive Technology Co., Ltd., and Yang Hanbing, Managing Director of CAIT-SH, on behalf of their respective companies in the presence of Xiang Xingchu, Party Secretary, Chairman, and General Manager of JAC Holdings, and Dr. Robin Zeng, Chairman and CEO of CATL.

The collaboration between CAIT-SH and JAC Yiwei has already yielded significant progress. The two companies will prioritize the implementation of the CIIC-S platform in JAC Yiwei's new energy passenger vehicle projects for the domestic household market, commercial market, and overseas markets. Power schemes include battery swapping, pure electric, and extended-range electric vehicle (EREV) configurations. Joint efforts will focus on the development of advanced intelligent chassis technologies, including but not limited to the intelligent low-voltage power distribution system (PDC), thermal management, battery packs, and electronic/electrical (EE) architecture.

The two companies share a strong alignment in their vision and strategic direction for the new energy vehicle (NEV) sector, building upon a strategic cooperation agreement signed between JAC and CATL on January 6, 2024. Regarding the CIIC, both parties actively cooperate in the power battery field and create collaborative competitive advantages to achieve mutual benefits. The two parties have agreed to jointly facilitate the introduction of the CIIC technology and determine vehicle models for its application. The signing of the technical cooperation agreement represents a supplement and further deepening of their previous strategic cooperation.

JAC Yiwei, tasked with driving JAC's new energy strategic transformation, was jointly established with strategic investors, including Anqing New Energy Investment Co., Ltd., LOPAL Technology, Jee Technology, CMB International, and NIO Capital, along with an employee stock holding platform. JAC Yiwei is committed to providing users with intelligent, safe, and enjoyable vehicle experiences with new energy vehicles.

The continuous advancement of electrification and intelligence of vehicles is driving a technological transformation in automotive chassis from traditional chassis to electric chassis and now to intelligent chassis. CAIT-SH's CIIC offers a highly innovative and technologically advanced skateboard chassis solution. Based on decoupling from upper vehicle bodies, standardized interfaces, and modular designs, the CIIC enables flexible and scalable hardware and software, empowering partners to efficiently deploy diverse vehicle models for various scenarios.

CAIT-SH and JAC Yiwei will continue cultivating a long-term and firm partnership in the intelligent skateboard chassis sector, jointly explore innovative technologies and product applications to deliver high-quality products, and drive the advancement of the NEV industry.