China's CATL to develop new battery material to improve energy density

China's CATL to develop new battery material to improve energy density

Photo: CATL website

China’s CATL is working on new battery materials that can improve energy density by 10% to 20% compared to iron phosphate batteries, the company’s chairman said, as the battery giant scrambles to retain its top position amid competition.

The new material technology known as M3P can enable an electric vehicle to run 700 km (430 miles) per charge combined with CATL‘s next generation of battery pack technology, Zeng Yuqun said at the World New Energy Vehicle Congress in Beijing on Saturday.

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