CATL, the world's largest battery maker, has revealed that it is working on faster charging batteries for Tesla. CATL executive Robin Zeng confirmed work on the new batteries in a recent interview with Bloomberg.
While Zeng was unable to provide details about the batteries, he said that they will have a new electrochemical structure that allows for faster charging.
Zeng added that the battery maker is already supplying equipment to Tesla's Gigafactory in Nevada. It was also recently revealed that Tesla will expand battery production at that facility and open a small additional plant using CATL equipment that is currently idle.
According to CNEVPost, the batteries mentioned by Tseng are labelled M3P. The development of such energy storage cells has been underway for the past two years. They will have a higher energy density than conventional lithium-iron-phosphate batteries and will be cheaper at the same time. CATL's chief scientist has previously stated that such batteries will provide electric cars with a range of more than 700 kilometres and theoretically can be fully charged in just 15 minutes.
