Workhorse partners with Coulomb solutions to supply its CATL battery system for over 330,000 EVs.
Workhorse Group Inc. (NASDAQ: WKHS) (“Workhorse” or “the Company”), an American technology company focused on providing sustainable and cost-effective drone-integrated electric vehicles to the last mile delivery sector, announced that it has entered into a supply agreement with Coulomb Solutions, Inc. (“CSI”), the North American distributor of Contemporary Amperex Technology Co., Limited (“CATL”) Commercial Vehicle Battery Systems, to provide battery systems for their best-in-class electric delivery vehicles.
The CATL battery systems supplied by CSI will power Workhorse’s advanced composite C-650 and C-1000 delivery vans starting in the second quarter of this year. CSI recently completed the validation of a new 120 kilowatt-hour (“kWh”) Lithium-Iron Phosphate battery system in Workhorse’s C-1000 delivery platform and will be providing production quantities starting in May 2021.
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Workhorse CEO Duane Hughes.
We selected the CSI/CATL battery systems for their proven performance over the last decade in commercial EVs worldwide as well as their high safety level, light weight, and wide range of off-the-shelf battery systems from 40 to over 600kWh.
“These systems will enable Workhorse to offer our customers a variety of EV driving ranges and with an excellent battery warranty backed by a global, blue-chip enterprise. Incorporating CSI/CATL battery systems into our vehicles enables us to provide a dual benefit of overall superior performance while supporting greater pay-load capacities.”
CATL is the largest EV battery manufacturer in the world with over 60 Gigawatt hours (“GWh”) of current production capacity and facilities capable of another 70+GWH capacity underway. CATL batteries power over 1.2 million electric vehicles, including over 330,000 trucks and buses currently operating in demanding environments and terrains with some of the world’s largest commercial fleets.
CSI optimizes battery system solutions using CATL’s more than 100 unique pack/cell combinations to match drive system voltages and provide desired energy capacities. The CSI/CATL LFP battery systems selected by Workhorse are rated at up to 160 Wh/kg, matching today’s Nickel-Manganese-Cobalt (“NMC”) packs. CATL’s LFP packs are also rated for double the lifespan of typical NMC packs.
David Mazaika, CSI CEO.
Workhorse is a North American automotive technology leader, and we’re looking forward to supplying CSI/CATL’s high-quality lithium battery systems to support their flagship delivery vehicles.
“CATL’s LFP battery systems are rated for an industry-leading 4,000 cycles at 100% depth of discharge at 1C which will provide the Workhorse vehicles with exceptionally long battery life. Based on the proven capabilities of CATL battery systems, which have travelled over 25.6 billion miles in over 330,000 commercial EVs worldwide, we believe these new Workhorse vehicles will be setting the industry standard in reliability and performance.”
Workhorse Partners with Coulomb Solutions to Supply its CATL Battery System, CINCINNATI, May 5, 2021
