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SAIC-GM, CATL launch the fastest charging LFP battery in China [Video]

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Strategic Partnerships and Alliances

Two current titans in the electric mobility industry have utilized an existing joint venture to deliver a fresh battery technology to help EV drivers eventually go farther faster. Today, SAIC-GM and CATL launched a new lithium-iron-phosphate (LFP) battery cell with a 6C multiplier, enabling recharge rates of up to 200km in just five minutes, making it the fastest charging battery cell in China.

SAIC General Motors Corporation Limited (SAIC-GM) is a joint venture founded in Shanghai in 1997 as a 50/50 partnership. In that time, SAIC has helped American automaker GM hold a respectable chunk of the Chinese automotive market and has expanded the partnership into a separate joint venture that added Guangxi Auto (previously Wuling Group) to develop and manufacture commercial and consumer vehicles for the Chinese market under the Wuling and Baojun marques.

Meanwhile, China’s CATL has remained the world leader in battery manufacturingfor seven straight years. This past March, we reported that GM was in talks with CATL …

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