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CATL to produce world’s fastest EV battery that offers 400km driving range with just 10 minutes of charging, to keep prices affordable for ‘ordinary consumers’
- Hope more ‘ordinary consumers’ can ‘enjoy the dividends arising from technological innovations’, CATL’s chief scientist says
- New batteries to have 4C charging capabilities, which means they can be fully charged in just 15 minutes
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Daniel Renin Shanghai
Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology Co (CATL), the world’s largest such manufacturer, plans to start producing the world’s fastest-charging EV battery by the end of this year, in its latest efforts to accelerate the use of battery-powered cars.
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The Shenxing Battery, which can offer a 400-kilometre driving range with just 10 minutes of charging, will be delivered to some carmakers in the first quarter of 2024, CATL said on Wednesday.
It said the new batteries will have 4C charging capabilities, which means they can be fully charged in just 15 minutes.
“We hope more ordinary consumers can access the latest [EV battery] technology, and enjoy the dividends arising from technological innovations,” Wu Kai, CATL’s chief scientist, told a press conference on Wednesday. CATL will make the battery affordable for a wider range of customers, rather than just a handful of wealthy EV owners, he added.
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