CATL's new EV battery charges 400 km range in 10 minutes

Tesla supplier and industry leader beats rival's pack by 30%, eyes midmarket

20230816N CATL LFP

A CATL display at a Beijing exhibition in October 2022. Its latest lithium iron phosphate (LFP) battery speeds charging while retaining safety. © Reuters

YUSUKE HINATA, Nikkei staff writer

GUANGZHOU -- Chinese automotive battery giant CATL introduced a battery Wednesday that delivers 400 kilometers on a single charge of 10 minutes, with the new cell to be equipped in more affordable electric vehicle models.

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