China’s CATL to start mass output of M3P batteries this year
SHANGHAI (Reuters) -Chinese battery giant CATL plans to start this year the mass production and delivery of batteries based on a new materials technology, M3P, which will perform better and cost less than nickel and cobalt-based ones, its chairman said. M3P batteries will have greater energy density and perform better than lithium-ion phosphate batteries, a market CATL dominates. They will also be cheaper than nickel and cobalt-based batteries, Zeng Yuqun […]