CTP technology leads innovation in the battery industry, with CATL and BYD at the forefront

In the past three years, the biggest innovation in the battery industry has been the popularization of CTP technology, which is led by two major battery companies, CATL and BYD. In 2019, CATL pioneered CTP1.0 technology and applied it for the first time on the BAIC EU5 model. In 2020, BYD launched blade batteries to further improve CTP technology.