Tech

Electric car battery technology breakthrough

Emerging as one of the world's most prominent battery makers, Chinese company CATL claims it is at the forefront of electric vehicle technology, supplying its technology to Volvo, BMW, and Tesla.


Last week, the Chinese company claimed it is developing a battery with no nickel or cobalt, according to a report from news outlet Reuters.

Reducing a battery's reliance on the metals means the company can theoretically produce a battery capable of lowering the cost of electric vehicles. If cheap enough, it could bring the cost of electric vehicles down to a level comparable with traditional internal combustion vehicles.

Last week, another story from Reuters reported the company is developing batteries designed to fit within a car's chassis, allowing the battery casing to be discarded – saving weight and improving efficiency, as well as increasing the number of battery cells in a car.

In June, the company reported it had produced a battery capable of lasting two million kilometres.

The company's stock price dropped by 16 per cent since it peaked in mid July 2020.

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Ben Zachariah

Ben Zachariah is an experienced writer and motoring journalist from Melbourne, having worked in the automotive industry for more than two decades. Ben began writing professionally more than 15 years ago and was previously an interstate truck driver. He completed his MBA in Finance in early 2021 and is considered an expert on classic car investment.

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