China’s CATL Announces Breakthrough EV Battery with 5-Minute Charging

Contemporary Amperex Technology Co Ltd has developed a second-generation Shenxing lithium iron phosphate (LFP) battery that can add 323 miles of range in five minutes, the company announced at Auto Shanghai on Monday.

The world’s largest battery maker demonstrated technology that charges from 5% to 80% in 15 minutes, surpassing rival BYD Co Ltd’s Super-e Platform, which offers 248 miles of range in similar charging time.

The system maintains 93% capacity at temperatures ranging from -30°C to +30°C (-22°F to +86°F) and operates at a 12C charging rate, according to company specifications.

Selkirk Copper Mines — sponsored Sponsored · Selkirk Copper Mines

CATL’s integrated sodium-ion technology is capable of delivering 124 miles of range in plug-in hybrids and 310 miles in fully electric vehicles, company representatives said.

The battery design incorporates dual-engine aircraft principles and features graphite-free anodes, which the company says improve temperature resistance compared to conventional lithium-ion batteries.

“The new batteries are promised to deliver [sic] around 200km of range for hybrid vehicles, and 500km for an EV,” CATL documentation states. The company has indicated the batteries are ready for commercialization but has not disclosed specific delivery dates or pricing.

Tesla‘s (Nasdaq: TSLA) quarterly earnings call on Tuesday is expected to address competitive battery technology developments, as Tesla’s current charging systems reach comparable speeds in limited temperature conditions.

CATL confirmed it has no immediate plans to sell directly in the United States, where Chinese auto imports face 100% tariffs.


Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.

One Response

  1. Loading a 50 KW battery in 5 minutes means a transmission of 600 KW!!! Only large buildings and factories have such a grid connection.

    It is a nice excercise without a benefit.

Video Articles

Everybody Should Own Gold | George Bee – U.S. Gold Corp.

A $40M Company Created $2B in Mining Value | John-Mark Staude – Riverside Resources

The Debt Crisis Is Turning Gold Into Money | Shawn Khunkhun – Contango Silver and Gold

Recommended

Northmin Wins Competitive Bid for Historic Keel Zinc-Silver-Lead Deposit in Ireland

Brixton Hits 348 g/t Silver Over 23.5 Metres as Langis Shaft 6 Southeast Zone Extends South

Related News

GM, LG Energy Solution Will Build Second $2.3 Billion EV Battery Plant In Tennessee

General Motors has announced it will be building a second battery cell manufacturing plant in...

Saturday, April 17, 2021, 01:01:00 PM

Study Questions the Operating Economic Advantages of Electric Vehicles Versus Gas-Powered Cars

On October 21, the consulting firm Anderson Economic Group issued a study comparing the costs...

Thursday, October 28, 2021, 03:45:00 PM

Lordstown Motors Plummets Amid Reports of DOJ Investigation

Shares of Lordstown Motors were sent plunging on Friday and even temporarily halted due to...

Saturday, July 3, 2021, 11:02:00 AM

Reminder: EVs Aren’t Cheap to Repair

In the latest incident of high repair costs for new electric vehicles, a Rivian owner...

Wednesday, October 11, 2023, 04:19:00 PM

Canada To Spend $5 Billion Supporting Honda’s Investment In EV Manufacturing

In a landmark move for Canada’s automotive industry, Honda has announced a substantial $15 billion...

Thursday, April 25, 2024, 02:02:00 PM