CATL Unveils LFP Battery That Achieves A Range Above 1,000 Kilometers With 4C Superfast Charging

[For Hong Kong Investors Only] On April 25th, Contemporary Amperex Technology (CATL) announced the launch of the Shenxing PLUS battery at the Beijing Auto Show. This battery offers an ultra-long range of up to 1000 kilometers, equivalent to driving from Beijing to Nanjing without the need for a mid-way recharge. Additionally, the Shenxing PLUS battery features supercharging capabilities, allowing a 10-minute charge to provide a range of 600 kilometers, enabling users to achieve the "1-second, 1-kilometer" concept in reality.

*Source: Contemporary Amperex Technology (CATL), as of April 25, 2024.

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Mentioning of securities is for the purpose of industry commentary only. Author: Huang Yimin. Author is licensed by the Securities and Futures Commission for Types 1 and 4 regulated activities under the Securities and Futures Ordinance. Author and relevant associate do not hold any interest in mentioned stock.

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