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7/29, 10:33 AM (Source: TeleTrader)
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CATL touts faster-charging sodium-ion EV batteries

Chinese electric vehicle (EV) battery maker Contemporary Amperex Technology Co., Ltd. (CATL) presented on Thursday its first-generation sodium-ion battery.

During the company's "Tech Zone" event, Huang Qisen, an official within CATL's research department, explained that new batteries can't match their lithium iron phosphate counterparts in terms of energy density, but added that sodium-ion cells perform better when it comes to charging speeds.

The firm plans to have a supply chain for new batteries in place by 2023.

Breaking the News / BU