China’s CATL Debuts EV Battery With Speedy Six-Minute Recharge

Contemporary Amperex Technology Co. Ltd., the world’s largest electric vehicle battery manufacturer, unveiled a new fast-charging technology ahead of the Beijing auto show in a bid to stay ahead of BYD Co. and other competitors.

The Ningde-based company, better known as CATL, showcased its latest “Shenxing” lithium-iron-phosphate battery that recharges from 10% power to 98% in just six minutes — a development that brings EV charging closer to the speed of filling up the tank of a gasoline vehicle.