Chinese battery maker CATL invests in electric aircraft developer Autoflight

Khatira Kazimova
Post's author

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, Report informs via Reuters.

Both companies will develop batteries for electric aircraft that could fly a longer distance with higher load capacity, Autoflight added.

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