Battery Development

CATL launches fast charging LFP battery

Chinese cell manufacturer CATL has unveiled a fast-charging lithium iron phosphate (LFP) battery that is said to provide a range of 400 km in 10 minutes. Mass production of the new Shenxing battery is scheduled for the end of this year. Electric vehicles equipped with Shenxing batteries are expected to hit the market in the first quarter of 2024.

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