A ‘million mile’ battery from China could power your electric car
The Chinese behemoth that makes electric car batteries for Tesla and Volkswagen has developed a power pack that lasts more than a million miles – an industry landmark and a potential boon for carmakers trying to sway drivers to their electric vehicle (EV) models.Contemporary Amperex Technology Co Ltd (CATL) is ready to produce a battery that lasts 16 years and 2 million kilometres (1.24 million miles), chairman Zeng Yuqun said in an interview at company headquarters in Ningde, in southeast…
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Market news summary from South China Morning Post Market News.
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