These have been available since January 2022 and they have a battery efficiency of 245 Wh per mile. 2. Fiate 500 Electric Next, we have Fiat, an Italian car manufacturer and its 500 electric model shares the second spot for the most efficient EV batteries.
China’s EV giant confirmed the advanced batteries will unlock even more driving range for its next-gen electric cars. It’s been over four years since BYD’s battery unit FinDreams launched the first Blade battery in 2020. The advanced LFP batteries propelled BYD to become one of the world’s largest EV and battery makers today.
BYD is currently the world’s second-largest EV battery maker, behind China’s CATL, with a 16.4% share of the market through September 2024. According to CnEVPost, CATL holds a commanding 36.7% share.
BYD is launching a new Blade EV battery next year to power its next wave of vehicles. China’s EV giant confirmed the advanced batteries will unlock even more driving range for its next-gen electric cars. It’s been over four years since BYD’s battery unit FinDreams launched the first Blade battery in 2020.
The biggest concerns — and major motivation for researchers and startups to focus on new battery technologies — are related to safety, specifically fire risk, and the sustainability of the materials used in the production of lithium-ion batteries, namely cobalt, nickel and magnesium.
Compared to lithium-ion batteries, solid-state batteries are more efficient, packing more power with the same size battery. As a result, EV batteries could become more compact, charge faster and weigh less, which could increase range.
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The project is able to dismantle 100,000 retired EVs and treat 150,000 tonnes scrapped lithium-ion batteries annually, with supporting resource utilization capacities. Chongqing Huanli Recycling Technology was established in February 2023 and is a wholly-owned subsidiary of Jiangxi Huanli New Energy Technology Co., Ltd.
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