CATL Plans To Mass-Produce Naxtra Sodium-Ion EV Battery Packs By The End Of 2025
Some expect sodium, which is cheaper and more readily available than such materials as lithium, cobalt and nickel, to power the next generation of EV battery technology. Now Chinese battery giant Contemporary Amperex Technology (CATL) says it expects to bring…
Stellantis and CATL to Invest Up to €4.1 Billion in Joint Venture for Large-Scale LFP Battery Plant in Spain
Stellantis and CATL today announced they have reached an agreement to invest up to €4.1 billion to form a joint venture that will build a large-scale European lithium iron phosphate (LFP) battery plant in Zaragoza, Spain. Designed to be completely…
Next-gen LFP Battery Tech For EVs Adds 250 Miles In 10 Minutes
Chinese battery supplier CATL on Wednesday announced a new lithium iron phosphate (LFP) battery that the company claims will enable super-fast charging. Called Shenxing, the new battery is scheduled to enter mass production later this year, according to a company…
