China dominance fears over electric car battery that charges in 10 minutes (2024)
A revolutionary car battery that charges in 10 minutes and powers a car for hundreds of miles has been developed in China, raising concerns about Beijing's growing dominance in the global electric vehicles (EV) market.
A new report from the International Energy Agency (IEA) highlights significant advancements in chemistry that have enabled a Chinese company to create the new type of high-energy batteries that surpass existing technologies.
The Shenxing battery, developed by Chinese company CATL, uses lithium iron phosphate (LFP) technology and can provide a range of 250 miles after just 10 minutes of charging. An even newer version of the Shenxing can reportedly go as far as 600 miles on a full charge.
The IEA calls it a "significant improvement" over existing technologies, and one that addresses one of the main barriers to widespread EV adoption: long charging times, or "range anxiety."
Cars powered by the new Chinese batteries would need recharging far less often than most current EVs, and at a lower cost. Popular EVs in America, such as the Tesla Model 3 and the Nissan Leaf, use battery technology that still requires significantly longer charge times. The Model 3, with its lithium-ion battery, can gain around 170 miles of range in 30 minutes using a DC fast charger. Meanwhile, the Leaf, equipped with a lithium-ion manganese oxide (LiMn2O4) battery, can add approximately 90 miles of range in the same period.
Rapid advancements by Chinese companies in EV technology have raised significant concerns among global competitors and policymakers about the country's dominance in battery technology. China has made several breakthroughs in battery chemistry that have positioned itself well ahead of Western rivals, according to the IEA.
The IEA's report raised alarms about China's stranglehold over the supply of critical materials needed for battery production, which could lead to economic and strategic disadvantages for other countries.
EV batteries require several rare-earth minerals to function. Their cathodes generally include compounds of nickel, lithium, manganese, cobalt, and iron, while anodes typically contain compounds of graphite and silicon. China wields power over many of those raw materials, including a 90% ownership of the global supply of battery-grade graphite, according to the IEA.
The report emphasized that China's dominance could disrupt global net-zero rollouts due to potential vulnerabilities in supply chains caused by "extreme weather, trade disputes, or geopolitical tensions."
China's global dominance in EVs is driven by its vast domestic market that's juiced by deep government subsidies for consumers. According to the report, 60% of all EVs sold globally last year were purchased by Chinese buyers.
President Joe Biden this week announced a 100% tariff on EVs imported from China, a protectionist move meant to defend the U.S. auto industry and a domestic EV market that's growing in fits and starts from an influx of cheap Chinese EVs.
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Newsweek is committed to challenging conventional wisdom and finding connections in the search for common ground.
China Dominance Fears Over Electric Car Battery That Charges In 10 Minutes. A revolutionary car battery that charges in 10 minutes and powers a car for hundreds of miles has been developed in China, raising concerns about Beijing's growing dominance in the global electric vehicles (EV) market.
Chinese automaker Zeekr has unveiled new electric vehicle batteries that purportedly can outpace competitors like Tesla and BYD in charging speed. According to the company, these upgraded batteries can recharge from 10% to 80% in just 10.5 minutes when using ultra-fast charging stations.
A new battery from Chinese automaker Zeekr could help alleviate EV range anxiety. The new battery is made using upgraded lithium iron phosphate, and it can charge from ten percent to 80 percent in just ten and a half minutes when connected to Zeekr's V3 ultra-fast charger, the company claims.
A Cambridge-based EV manufacturer, though, says it has developed a battery that charges in less than five minutes, roughly twice as long as it takes to fill up a gas-fueled vehicle. Nyobolt says it has developed a 35kWh lithium-ion battery that charges from 10% to 80% in just over four and a half minutes.
Chinese car maker Zeekr says its new electric vehicle (EV) batteries charge faster than any of its rivals, including industry leaders Tesla and BYD. The firm claims its upgraded batteries can be charged from 10% to 80% capacity in 10 and a half minutes using its ultra-fast charging stations.
Prices range from RMB 0.4/kWh to RMB 2/kWh, with RMB 1.5/kWh ($0.23/kWh) as a typical mid-price. Home charging in China generally employs the residential electricity price.
China dominates global production of natural graphite at 65%, followed distantly by Madagascar, Mozambique and Brazil. China also makes up more than 75% of the global production of synthetic graphite and more than 90% of the battery-grade graphite used to make anodes.
China dominated the world's electric vehicles (EV) lithium-ion (Li-ion) manufacturing market in 2021. That year, China produced some 79 percent of all EV Li-ion batteries that entered the global market.
Can EVs Charge As Fast As Pumping Gas? Yes, it's a possibility in the future. Researchers and manufacturers are working on improving batteries and chargers alike to cut down on EV charge times.
Leaving your EV plugged in for long periods is generally safe, and it can even be beneficial, as the BMS maintains optimal battery temperature. However, for extended inactivity, it's essential to consult your vehicle's manual for specific storage recommendations.
Bottom line: China has a clear advantage in the EV race. But that could change. Our study, which polled a total of 9,000 respondents in eight countries, found that while EV demand has cooled recently, the growth outlook is strong through 2035.
China is at the global forefront of the electric vehicle (EV) and EV battery industries. Its firms produce nearly two-thirds of the world's EVs and more than three-quarters of EV batteries. They also have produced notable innovations in EV products, processes, and customer experiences.
The Shenxing battery, developed by Chinese company CATL, uses lithium iron phosphate (LFP) technology and can provide a range of 250 miles after just 10 minutes of charging. An even newer version of the Shenxing can reportedly go as far as 600 miles on a full charge.
Experience fast charging like never before with 120W Xiaomi Hypercharge. Achieve 100% charge in just 15 minutes. The Xiaomi 11i Hypercharge 5G comes with a triple camera setup: 108MP Primary + 8MP Ultra Wide + 2MP TeleMacro Lens and a 16MP front camera.
All goods imported into China are subject to the nation's value-added tax (VAT) of either 13 percent or 17 percent. The 13 percent tax is available for certain goods that fall mainly within the categories of agricultural and utility items, while the 17 percent tax applies to other goods subject to the VAT tax.
GB/T 27930 is the Chinese standard for electric vehicle battery charging. Other charging systems include the Combined Charging System (CCS) favored by European and American manufacturers, the CHAdeMO charging standard developed by a Japanese industrial consortium and Tesla's Supercharger.
Introduction: My name is Pres. Carey Rath, I am a faithful, funny, vast, joyous, lively, brave, glamorous person who loves writing and wants to share my knowledge and understanding with you.
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