CATL confirms new battery launch

In response to questions from investors, CATL revealed that the company's M3P battery has been used in the models of Chery and Huawei, and is also promoting project cooperation with other customers. The M3P battery is a battery developed by CATL based on a new material system. Its energy density is higher than that of lithium iron phosphate and its cost is better than that of ternary batteries.