CATL Unveils EV Battery That Runs 400 Kilometers on 10-Minute Charge

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CATL said mass production of its new Shenxing battery will start by year-end, and will be commercially available from the first quarter of 2024.

(Bloomberg) — Battery giant Contemporary Amperex Technology Co. Ltd. unveiled a new fast-charging battery Wednesday that could be a game-changer in helping cure range anxiety and encourage drivers to switch to electric vehicles.

The world’s biggest maker of clean-car batteries showed off its new Shenxing cell, which can charge to a range of 400 kilometers (248 miles) in just 10 minutes. It’s also capable of powering up in extreme weather conditions, the company said.