Shanghai company executives said on Saturday, TSLA suppliers my country Contemporary Ape Technology Co., Ltd. (CATL) is developing a new type of electric vehicle (EV) battery without nickel-free or cobalt.
Nickel and cobalt are key components in electric vehicle batteries. Battery manufacturers from Japan Panasonic to South Korea LG Chemical companies are reducing the use of high-ranking cobalt in nickel-cobalt aluminum (NCA) batteries or nickel-cobalt-manganese (NCM) batteries..
Tsla’s boss Elonmusk urged miner to produce more nickel last month, and warned that the current battery cost is still a major obstacle to the company’s development.. Headquartered in Ningde’s CATL manufacturing NCM battery, and supplies lithium iron phosphate (LFP) battery to TSLA.
It has established partnerships with Toyota and Honda Motors in Japan and supplies products for German Volkswagen Cemetery (Vowg_p.de) and Daimler..
CATL’s senior executive Meng Xiangfeng said at an industry conference organized by my country Automotive Industry Association, and the new battery type will be different from existing NCA, NCM and LFP batteries, and will not contain high metal or cobalt.. Meng does not supply a detailed composition or planned battery type cost.
CATL has also developed a separate technology that integrates the battery unit directly into the EV framework to extend its travel range.