Chinese company CATL, known as the world’s largest maker of electric-car batteries, said it would start making the next-generation “Qilin” next year. CATL said that the battery charges much faster than existing cells. It is more secure as well as stronger. The Fujian, Ningde-based CATL, named after a mythical Chinese creature, has an energy density of up to 255 watt-hours per kilogram of Qilin batteries.
The company said in a press release that “the CTP 3.0 battery has an internal crossbeam, liquid-cooling plate and thermal pad integrated into a multifunctional elastic interlayer. It also features built-in micron bridges inside the interlayer that last for a lifetime.” It flexibly adjusts to changes inside the cell while improving the strength of the battery. Integrated energy unit composed of cell and multidimensional elastic interlayer. Driving direction creates a more stable load bearing structure and thus battery The shock and vibration resistance of the pack increases.”
The company reported that it has received funding of 45 billion yuan in private placement of shares for research and manufacturing, as well as the production and upgrade of lithium-ion battery manufacturing in four cities in China. CATL has faced a lot of trade this year from rising raw material prices as well as trade deficit. The company’s first-quarter net income fell 24 percent from a year earlier to 1.49 billion yuan. The company did not disclose the 1.79 billion yuan of derivative liability, which is a post-listing charge.
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