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CATL Developing Condensed Matter EV Batteries – Pandaily

Chinese battery giant CATL is working on power battery structures and chemical systems, including previously unheard-of condensed matter batteries, a report by Pandaily said


Shares plunged by 4.9% in Shenzhen on Tuesday following reports the world's biggest battery maker could spend up to $5 billion on facilities in Mexico and the US.
CATL is looking to supply batteries to Tesla and Ford in the US, according to recent reports. This photo shows the group's R+D centre in Ningde, Fujian province in late 2016. File photo: Reuters.

 

The chairman of Chinese battery giant CATL revealed on Saturday that his company is working on power battery structures and chemical systems, including previously unheard-of condensed matter batteries, a report by Pandaily said.

The group’s latest CTP 3.0 Kirin battery, which will be mass produced and released next year, had “a volume utilisation rate of 72% and an energy density of 255Wh/kg, far exceeding Tesla’s 4680 battery,” and it could achieve a 1,000km battery life for vehicles, the report said.

Read the full report: Pandaily.

 

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Jim Pollard

Jim Pollard is an Australian journalist based in Thailand since 1999. He worked for News Ltd papers in Sydney, Perth, London and Melbourne before travelling through SE Asia in the late 90s. He was a senior editor at The Nation for 17+ years and has a family in Bangkok.

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