CATL launches breakthrough battery technology to compete with Tesla and BYD 500 km in just 5 minutes
Chinese Contemporary Amperex Technology Limited (CATL), the world’s largest electric vehicle battery manufacturer, has unveiled a cutting-edge next-generation battery technology that is set to intensify competition within the electric vehicle (EV) industry.
The company’s new Shenxing battery technology promises to revolutionise the market by delivering a remarkable 500 kilometres (320 miles) of range in just 5 minutes of charging, Caliber.Az reports via Turkish media.
CATL’s new battery technology aims to challenge the dominance of rivals like Tesla and BYD. In a statement, CATL emphasised that while BYD’s current battery technology provides a range of approximately 400 kilometres with just 5 minutes of charging, their new Shenxing battery offers an extra 100 kilometres, significantly raising the bar for fast-charging capabilities.
In comparison, Tesla’s Supercharger technology can provide a range of around 320 kilometres in just 15 minutes. However, the new CATL Shenxing Supercharger technology manages to deliver this in just 5 minutes, making it a game-changer for the electric vehicle market.
During CATL’s “Technology Day” event in Shanghai, the company’s Chief Technology Officer, Gao Huan, proudly announced: “We are once again pushing the boundaries of performance. Our goal is to establish the Shenxing Supercharger battery as the new benchmark for electric vehicles worldwide.”
The Shenxing battery offers impressive specifications. When fully charged, it can provide up to 800 kilometres (500 miles) of range. Moreover, the technology is optimised for efficiency even in extreme weather conditions. The battery can be charged from 5 to 80 per cent in just 15 minutes, even in temperatures as low as -10 degrees Celsius, addressing one of the major challenges faced by electric vehicle users in colder climates.
In addition to the Shenxing battery, CATL also introduced a new innovation: the Naxtra sodium-ion battery. This new battery model promises to offer a more economical and safer alternative to traditional lithium-ion and lead-acid batteries. The Naxtra battery’s production costs are significantly lower due to the abundance of sodium in nature, and it also provides increased resistance to the risk of explosion, making it a safer choice for consumers.
CATL announced that the Naxtra batteries are expected to deliver a range of around 500 kilometres (310 miles). The company plans to begin mass production of these batteries by the end of the year, adding to its growing portfolio of advanced battery technologies aimed at transforming the EV industry.
As CATL continues to push forward with its technological advancements, the competition in the electric vehicle battery market is expected to intensify, with companies like Tesla and BYD facing increasing pressure to innovate and meet the rising demand for faster, more efficient charging solutions.
By Tamilla Hasanova