CATL launches Shenxing battery to enter the lithium iron phosphate market

In response to BYD's strong performance in the field of lithium iron phosphate batteries, CATL launched its lithium iron phosphate supercharger battery "Shenxing Battery" in August 2023. Zeng Yuqun, chairman of CATL, personally attended the press conference to demonstrate the company's determination in the lithium iron phosphate battery market. With its low cost and high performance, Shenxing Battery is expected to further consolidate CATL's position in the power battery market.