"Charged in 9 minutes": Changan and CATL develop next-generation all-solid-state batteries, make large-scale investments

*This content was translated by AI.View Original

China's Changan Automobile has joined forces with Ningde Times (CATL) to significantly expand its battery production line and launch joint development of all-solid-state batteries. Changan Automobile announced through the Shenzhen Stock Exchange's communication platform that it will expand the production capacity of its existing joint venture with Ningde Times, Taiji Changan, by an additional 25 GWh from the current 50 GWh to a total scale of 75 GWh.

The two companies plan to invest 5 billion yuan (approximately $750 million, approximately 950 billion won) in this expansion to build new facilities covering approximately 700,000 square meters in a high-tech zone between Chongqing City and Sichuan Province. The facility is scheduled to begin operations in 2027 and achieve its production target of 25 GWh within three years, supplying batteries to Changan Automobile's eco-friendly vehicle brands such as Avatr, Deepal, and Nevo. Changan Automobile expects this investment to generate annual revenue of 10 billion yuan and create 2,500 jobs.

In addition, the two companies have strengthened cooperation in the fields of all-solid-state batteries and sodium-ion batteries. Changan Automobile emphasized that its self-developed "Golden Bell" all-solid-state battery achieves an energy density of 400 Wh/kg and enhances safety by applying artificial intelligence (AI) remote diagnostic technology. The battery supports a driving range of over 1,500 km on a single charge, with almost no performance degradation after more than 600,000 km of driving, and has a lifespan exceeding 5,000 cycles. Furthermore, it features 6C fast-charging technology that can charge the battery from 30% to 80% remaining capacity in just 9 minutes.

Changan Automobile will begin full-scale commercial production of the Golden Bell all-solid-state battery in 2027, following vehicle road tests in 2026. This joint battery production and all-solid-state battery development is a strategic move for Changan Automobile, which faces profit pressure per vehicle, to reduce costs for core components such as batteries and secure cost competitiveness.

Meanwhile, the atmosphere among Chinese electric vehicle and battery manufacturers anticipates that 2027 will mark the period when the complete all-solid-state battery market fully opens up. This is because government tax reduction policies from 2026 to 2027 are providing strong momentum.

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*This content was translated by AI.View Original