Li Auto’s First Pure EV to Use CATL’s Fast-Charging Batteries

Li Auto Inc. said that its first pure electric vehicle (EV) will be equipped with Contemporary Amperex Technology Co. Ltd. (CATL)’s fast-charging batteries featuring a technology that offers simpler manufacturing and improved energy density.

The Mega MPV, slated for launch at the end of this year with an expected price tag of more than 500,000 yuan ($68,779), will be powered by CATL’s Qilin batteries made with its cell-to-pack (CTP) technology, the EV-maker said Friday at the Chengdu Motor Show.