Guyana shenxing lfp battery

What is China's new lithium iron phosphate battery (LFP) EV technology?

China has again pushed the boundaries of lithium iron phosphate battery (LFP) EV technology with a new CATL battery. China-based Contemporary Amperex Technology Co., Limited (CATL) is a global leader in new energy technologies. At Auto China 2024, CATL unveiled its Shenxing PLUS.

Who is CATL & why should you buy a Shenxing plus?

China-based Contemporary Amperex Technology Co., Limited (CATL) is a global leader in new energy technologies. At Auto China 2024, CATL unveiled its Shenxing PLUS. The Shenxing PLUS is the world’s first LFP battery that achieves a range above 1,000 kilometers, (621 miles) featuring 4C superfast charging.

Is the Shenxing battery suitable for EVs?

CATL claims that the Shenxing battery is fit for any vehicle type. The first EV maker to use will be Avatr, a joint venture of CATL and Changan with Huawei’s participation.

When will Shenxing battery be available?

It will start mass production by the end of 2023 and be commercially available in the first quarter of 2024. Shenxing features a new graphite anode, new electrolyte formulation, thinner and safer separator, and better ion transport. The battery has reduced heat generation and is equipped with a new advanced battery management system (BMS).

Which EV manufacturers are switching to LFP batteries?

Thus, many EV makers, including Tesla, are switching to LFP batteries inside their mid-range electric vehicles. CATL’s main competitor, BYD, installed 9 GWh of power in LFP batteries in China, getting 43% market share, while CATL installed 6.9 GWh of energy in LFP, reaching 31% share.

What is the energy density of a Shenxing plus battery?

To improve the energy density, CATL introduced its in-house 3D honeycomb material. As a result, the Shenxing Plus has an energy density of 205 Wh/kg, comparable to most traditional NCM batteries. LFP batteries are typically cheaper but are known to offer lower energy density.