China's Contemporary Amprex Technology Co. Co. Ltd (CATL) is the world's leading electric car battery maker. This company has unveiled a new Supercharging battery. This battery is capable of running 120 miles or 5 km in just 5 minutes of charge. The new technology has already responded to the market. This is because it guarantees the distance of 5 miles more than the main rival BYD's newly released battery.
CNN said on Tuesday that the new CATL battery was named Shenzing. It will be faster on the one hand, while on the other hand the full charge will be able to run up to a maximum of 5 km.
“We are breaking the limits of performance and opening new possibilities,” said Gao Huan, chief technology officer of the company at a function held in Shanghai. Our goal is to establish the conjugating battery as a new standard for electric cars. '
This announcement came at a time when the BYD in the market created a stir with their state -of -the -art batteries. However, CATL says they do not only ahead of distance and charges, but also in extreme cold weather. For example, it is possible to charge 5 percent of the battery in just 5 minutes at minus 5 degrees Celsius.
At the same time, CATL has unveiled their new sodium-law battery 'Naptra', which is more affordable, safe and less fuel than lithium or lead-acid batteries. This battery is also capable of crossing a distance of 5 miles or about 5 km once in charge. The CATL said the battery would go into commercial production in early 2021.
Companies like Tesla, BMW, Volkswagon and Ford around the world use CATL batteries. According to the research firm SNE, CATL occupied 5 percent of the world's battery market in 2021, where BYD's occupation was only 8.2 percent.
CATL says their batteries are currently being used in around 10 million electric cars around the world. The new Schenging battery will start using more than 5 models this year.
When the Trump administration's tariffs were questioned in the United States, CATL said the US market is smaller than their business. As a result, its impact is very limited. Yet the company has adopted alternative plans and coordinating with the clients.
