- The report said that the new battery type will be different from existing NCA, NCM, and LFP batteries
- CATL makes NCM batteries and supplies lithium iron phosphate (LFP) batteries to Tesla
As per a report by Reuters, Contemporary Amperex Technology Co Ltd (CATL), a Tesla supplier is developing a type of electric vehicle (EV) battery that will contain no nickel or cobalt as per a company executive. The report said that the new battery type will be different from existing NCA, NCM, and LFP batteries. This was told by Meng Xiangfeng, a senior executive at CATL at an industry conference held by the China Association of Automobile Manufacturers in Shanghai. Meng did not give details of the makeup or the cost of the planned battery type said the report.
Lithium iron phosphate (LFP) batteries to Tesla
The report added that CATL makes NCM batteries and supplies lithium iron phosphate (LFP) batteries to Tesla. It also has partnerships with Japan’s Toyota Motor and Honda Motor and supplies Germany’s Volkswagen AG and Daimler AG said the report. The report added that CATL is also developing a separate technology to integrate battery cells directly into an EV’s frame to extend its driving range.
Recently, CATL and Honda had signed an agreement to form a comprehensive strategic alliance on new energy vehicle batteries. They aim to strengthen their strategic partnership and promote the popularisation of electrified vehicles. They added that this collaboration will enable the two companies to begin discussions on a broad range of areas including joint development, stable supply, and the recycling and reuse of batteries.
