CATL, the leading battery manufacturer in China, has introduced a new lithium iron phosphate (LFP) battery with a long lifespan. This battery is capable of supporting a mileage of 1.5 million kilometers and guarantees a lifespan of 15 years. Remarkably, the first 1,000 charges will not result in any degradation (zero degradation).
Yutong Bus, a major electric bus manufacturer in China with a global customer base, is the first customer of CATL. The two companies have signed a long-term partnership agreement for 10 years starting from 2022.
Source: CnEVPost, Electrek
TLDR: CATL introduces a durable LFP battery with a 15-year lifespan and zero degradation after the first 1,000 charges. Yutong Bus is the first customer under a long-term partnership with CATL.
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