China’s battery producer Contemporary Amperex Technology (CATL) is creating a brand new sort of electrical car battery that doesn’t include nickel or cobalt.
Both nickel and cobalt are used within the batteries powering lots of the market’s present EVs. Last month, Tesla boss Elon Musk urged miners to provide extra nickel to permit the automaker to cut back the prices of its batteries and go these financial savings on to prospects.
Speaking at an business convention held by the China Association of Automobile Manufacturers in Shanghai over the weekend, CATL senior govt Meng Xiangfeng mentioned the corporate’s new battery will probably be completely different to the nickel-cobalt-aluminum (NCA) batteries that it at present produces. It can even be completely different to its present lithium-ion-phosphate (LFP) batteries provided to Tesla and its nickel-cobalt-manganese (NCM) batteries.
Meng failed to offer all that many particulars however confirmed the brand new battery won’t use costly metals resembling nickel and cobalt, Reuters studies. CATL isn’t the one battery producer trying to cut back its reliance on costly metals. In reality, the likes of Panasonic and LG Chem are additionally decreasing the usage of cobalt of their nickel-cobalt-aluminum batteries.
This is much from the one battery improvement that CATL is making. The firm can be creating a expertise that integrates battery cells instantly into the body of an electrical car to additional its vary.
In addition, CATL announced back in June that it is able to begin constructing an electrical car battery pack that may final 1.2 million miles (2 million kilometers).