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.

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

The Hidden Environmental Cost of Fertilizer | Robin Dow

Could Silver Stay This High? | Joaquín Marias – Argenta Silver

Can Historic Silver Data Turn Into a New Mine? | Rob Macdonald – Equity Metals

Recommended

Ottawa Backs First Phosphate Battery Grade Validation Push With $16.7M Boost

First Majestic Drills 3.43 g/t Gold Over 24.4 Metres At Jerritt Canyon

Related News

Lucid Motors: Recent Underperformance Of SPAC Could Set The Stage For A Better Future

On April 22, the U.S. National Highway Traffic Safety Administration (NHTSA) moved to reverse a...

Sunday, April 25, 2021, 04:56:00 PM

GM Invests $6.6 Billion Towards EV, Battery Production

General Motors (NYSE: GM) has pledged to invest nearly $7 billion towards boosting production of...

Wednesday, January 26, 2022, 04:43:00 PM

Amazon Unveils Self-Driving Taxi in Latest Bid to Compete in EV Market

It appears that the world’s two richest billionaires are about to give each other a...

Monday, December 14, 2020, 02:23:00 PM

Switzerland Could Start Banning EV Use For ‘Non-Essential Journeys’ Due To Energy Shortage

Electric vehicles could be restricted from making non-essential trips in Switzerland as part of a...

Tuesday, December 6, 2022, 02:27:00 PM

The Next Big Online Auto Platform? – The Daily Dive feat Kelly Jennings of Powerband Solutions

Today on the Daily Dive, host Cassandra Leah is joined by Kelly Jennings, CEO of...

Wednesday, January 13, 2021, 01:30:00 PM