Global EV Market Set for Boost with CATL's New Battery Technology
CATL, the world's leading EV battery producer, has announced upgraded technologies, including lighter packs and faster charging capabilities. These advancements are poised to accelerate the global shift toward electrified vehicles in the automotive industry.
Contemporary Amperex Technology Limited (CATL), the world’s largest electric vehicle (EV) battery producer, has unveiled its upgraded technologies – including lighter battery packs and faster charging mode – which are expected to accelerate the global automotive industry’s electrification drive. The company, which holds more than a 40 per cent share of the global market, aimed to set a healthy tone for the Chinese EV sector to implement its go-global strategy, focusing on constant technological....