SHANGHAI (Reuters) – Chinese battery-making giant CATL signed a pact on Saturday to invest several million dollars in Autoflight, the developer of electric aircraft said in a statement.
Both companies will develop batteries for electric aircraft that could fly a longer distance with higher load capacity, Auytoflight added.
(Reporting by Shanghai Newsroom; Editing by Clarence Fernandez)
Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.
source: https://theprint.in/tech/chinese-battery-maker-catl-invests-in-electric-aircraft-developer-autoflight/2206142/
