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

Higher Gold Prices Are Changing What Counts as a Real Discovery | Mike Bennett – Altamira Gold

Why Silver Still Hasn’t Seen the Real Mania | Craig Hemke

Why Copper Needs a Much Higher Price to Fix the Supply Problem | Greg Ferron – PTX Metals

Recommended

Crossroads Gold Closes Rox-ex Acquisition, Adds Pambula and Club Terrace to Australian Pipeline

Goliath Resources Kicks Off Fully Funded 50,000 Metre Drill Program At Surebet

Related News

Rising Insurance Prices Challenge Electric Vehicle Affordability

Auto insurers have significantly increased prices for electric vehicle (EV) insurance in the past year,...

Monday, October 30, 2023, 11:01:00 AM

Hertz to Purchase 175,000 EVs from GM Amid Surge in Travel Demand

Car rental company Hertz plans to increase its fleet amid a surge in travel demand,...

Tuesday, September 20, 2022, 04:13:35 PM

US Cuts Off China In EV Supply Chain, EV Tax Credits To Be Impacted

The Biden administration has introduced new regulations aimed at curbing China’s influence in the country’s...

Monday, December 4, 2023, 10:50:20 AM

Apple Enters EV Market with Self-Driving Car, Breakthrough Battery Technology by 2024

It appears that Tesla has been dealt yet another blow following its not-so prosperous acclaim...

Saturday, December 26, 2020, 11:46:00 AM

Lordstown Motors: Speculative Electric Vehicle Play Has Declined About 70% Since Mid-February

Shares of Lordstown Motors Corp. (NASDAQ: RIDE), the Ohio-based manufacturer of the Endurance electric vehicle...

Saturday, May 8, 2021, 01:45:00 PM