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China's top EV battery maker CATL touts new sodium-ion batteries

Reuters2021-07-29

BEIJING, July 29 (Reuters) - China's top electric vehicle $(EV)$ battery maker CATL has launched its newly developed sodium-ion battery, its chairman Zeng Yuqun said on Thursday.

Huang Qisen, deputy head of CATL's research centre, said the energy density of its new sodium-ion battery is still lower than its lithium iron phosphate (LFP) batteries but that it performs well in fast-charging scenarios.

Huang said the Ningde-based battery giant, which supplies automakers including Tesla Inc, Volkswagen AG and Geely, aims to set up a supply chain for sodium-ion batteries in 2023.

CATL, which competes with Japan's Panasonic Corp and South Korea's LG Chem, currently has over 5,000 researchers, Zeng said.

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  • kityeng
    ·2021-07-29
    Wow
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  • CKAng
    ·2021-07-29
    Wow
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  • theunmouse
    ·2021-07-29
    Hm
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  • K0650
    ·2021-07-29
    Hmmm.. but ticker is DL?
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  • Iren_ckl
    ·2021-07-29
    Hi
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