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A 5-minute charge to go 320 miles. Chinese EV battery giant CATL says its tech is even better than Tesla-killer BYD’s
China’s Contemporary Amperex Technology (CATL), the world’s largest producer of electric vehicle batteries, has unveiled an upgraded battery that promises an even longer range than rival BYD’s cutting-edge technology.
In its filing for a planned secondary listing in Hong Kong, CATL stated that by late last year, its batteries were used in one out of every three EVs worldwide, powering about 17 million vehicles. The company also emphasized the model’s enhanced safety and stability, saying it can operate in extreme weather conditions and is less prone than traditional lithium batteries to explosion and fire risks after collisions. Gao said Naxtra batteries can deliver a range of up to 310 miles on a single charge, shorter than Shenxing’s, and is expected to enter mass production at the end of the year.
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