CATL does seem to be leading new battery development.
00:27【CATL's lithium iron phosphate battery ranks first in vehicle sales volume for two consecutive months】CATL's lithium iron phosphate battery ranks first in vehicle sales volume for two consecutive months in 2023, with 10.63GWh in November and 10.97GWh in December. In addition, the company has also launched a heavyweight new product, the "Magic Speed" ultra-fast charging battery, which is the world's first battery to achieve 4c ultra-fast charging on lithium iron phosphate, allowing for a range of 400 kilometers after just 10 minutes of charging, with energy replenishment efficiency comparable to that of gasoline cars. Furthermore, CATL has announced plans to release a "low-temperature version" and a "long-life version" of the "Magic Speed" ultra-fast charging battery. The "low-temperature version" is mainly designed to address the charging anxiety of electric vehicle users in cold environments, enabling smooth usage of "Magic Speed" in northern winters. The "long-life version" of "Magic Speed" is expected to be officially launched in June 2024, with support for an 8-year or 800,000-kilometer extended battery warranty.
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