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CATL Teases Five-Minute EV Charge With Longer Range Than BYD

  • CATL announced its new Shenxing battery provides a range of 520 kilometres with just five minutes of charge, surpassing BYD's claim of 470 kilometres from the same charging time.
  • CATL is currently the world's largest battery maker, holding 38% of the global battery market, while BYD holds 17.2%.
  • Due to US tariffs implemented during the previous administration, CATL and BYD's batteries may not be used in US-made cars, creating a competitive disadvantage for these companies.
  • CATL currently supplies batteries to major car manufacturers such as Tesla, BMW, and Ford.
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CnEVPost broke the news in on Monday, April 21, 2025.
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