CATL and BYD Compete in Ultra-Fast Charging, Paving the Way for 6C Batteries

All automakers and battery companies are racing to make charging as fast as refueling. From the introduction of 3C batteries in 2022 to the rollout of 4C and 5C in 2023, electric vehicles are now advancing into the 6C era. Industry insiders suggest that achieving 6C while maintaining higher energy density may involve a hybrid material system of iron lithium and ternary materials, marking a new direction in the industry. $Contemporary Amperex Technology(300750.SZ)$ $BYD COMPANY(01211.HK)$

$Huawei Hongmong(LIST0795.SH)$ ’s Richard Yu stated, “All our cars under 300,000 yuan are selling at a loss, and we are not yet capable of making cars under 200,000 yuan. Selling cheap means losing money.” Yu explained that many complain about their cars being too expensive, but it’s not about unwillingness to sell cheaply—it’s about the inability to do so.