CATL to drive electrification with faster-charging and higher-performing batteries

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 advancements rather than an endless cycle of price competition, according to founder and chairman Robin Zeng Yuqun.“For Chinese EV technologies [to] expand abroad, we should chase, not only the speed and scale, but the quality of innovation, the ability to validate and the credibility of the brands,” he said at the company’s Super Technology Day event in Beijing on Tuesday. “A rigorous attitude towards scientific research is our most important commitment today.”