CATL launches Freevoy battery for hybrid cars that can offer over 400 km range

This new battery could help propel NEV penetration in China to 90% or more. It allows hybrid vehicles to offer 400km driving range and fast-charging that gives 280kms range on a 10-minute charge. Range-anxious consumers will have very little reason not to try out NEVs. $LI AUTO-W (02015.HK)$ and $GEELY AUTO (00175.HK)$ have already signed up to use this new battery.