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

8 Mining Stocks Our Viewers Asked Us to Review | Sept 14th-18th

Canada Is Finally Fast-Tracking New Mines | John Passalacqua – First Phosphate

Gold & Silver Just Added $2 Billion to This Project | Aya Gold – Bourmadine PEA

Recommended

Cambria Gold Drills 166 g/t Gold and 3,383 g/t Silver Over 3.1 Metres at Premier

Selkirk Copper’s Minto PEA Outlines $494 Million After-Tax NPV and 47.8% IRR

Related News

Amendment to Giant U.S. Budget Reconciliation Bill is a Negative for Electric Vehicle Industry

On August 11, the U.S. Senate, by a 51-48 margin, passed an amendment to the...

Monday, August 16, 2021, 10:22:00 AM

Lordstown Motors Forced To Add “Going Concern” Language To SEC Filings

On June 8, Lordstown Motors Corp. (NASDAQ: RIDE) filed its delayed 10-Q for the quarter...

Thursday, June 10, 2021, 02:41:00 PM

Lordstown Motors Plummets 60% After Bankruptcy Filing And Foxconn Lawsuit

Lordstown Motors Corp (Nasdaq: RIDE), the U.S. electric truck manufacturer, has filed for bankruptcy protection...

Tuesday, June 27, 2023, 09:00:24 AM

General Motors CEO Mary Barra Remains Focused On EVs

Despite the electric vehicle sector facing headwinds this year, and with other automakers deciding to...

Sunday, March 31, 2024, 09:29:00 AM

18% Staff Layoffs, Over 600 Recalls: Is Lucid Motors Still Lucid?

Lucid Group (NASDAQ: LCID) announced plans to let off hundreds of employees during an all-hands...

Thursday, March 30, 2023, 06:19:00 AM