Category: catl

EV battery maker says its new cells can last a million miles

[ad_1] You don’t need an electric car to know that rechargeable batteries degrade over time. Smartphone batteries hold a smaller and smaller charge as the years go by. That’s arguably one of the sticking points that’s keeping drivers from going all-electric. According to Bloomberg, Contemporary Amperex Technology Co. Ltd. (CATL) claims its new cell can […]

BMW spends billions to secure batteries and drivetrains for its EVs

[ad_1] You may not have heard of CATL, but the Chinese company is the world’s third-largest supplier of EV batteries and also supplies electronics producers such as Panasonic and e-bike manufacturers like BYD. BMW Group will increase its order from CATL from four billion euros ($4.43 billion) announced last year to 7.3 billion euros ($8.09 […]

Volvo will use blockchain to prove its cobalt wasn’t mined by children

[ad_1] Volvo Cars will work with its two global battery suppliers, CATL of China and LG Chem of South Korea, and blockchain technology firms to trace its cobalt production. The data in the blockchain will include the cobalt’s origin, attributes like weight and size, as well as the chain of custody. “We have always been […]