CATL completed an investment in Team Global-backed AutoFlight.

CATL, a China-based supplier of power battery systems, completed an investment in Team Global-backed AutoFlight, a global high-tech start-up. Financial terms were not disclosed. AutoFlight will establish a long-term partnership with CATL, committing to the joint research and development of eVTOL aviation batteries. By combining their respective resources and technical expertise, the two companies will focus on enhancing the energy density and performance of eVTOL batteries, aiming to support longer flight distances and higher load capacities, while also achieving significant improvements in safety and stability.