Tesla Inc. supplier Contemporary Amperex Technology Co. Ltd. (CATL), the world’s largest electric vehicle battery manufacturer, has unveiled a new battery that can significantly enhance the driving range of electric vehicles (EVs).
What Happened: CATL, at the Auto China show in Beijing, introduced the Shenxing Plus battery pack, which can power a car for up to 600 kilometers (370 miles) on a 10-minute charge, reported Bloomberg on Tuesday. The lithium-iron-phosphate battery can provide a range of 1,000 kilometers or over 620 miles on a full charge. Even ...