China’s Li Auto to Be First to Use CATL’s Fast-Charging Qilin Battery
Zhou Ling
DATE:  Apr 19 2023
/ SOURCE:  Yicai
China’s Li Auto to Be First to Use CATL’s Fast-Charging Qilin Battery China’s Li Auto to Be First to Use CATL’s Fast-Charging Qilin Battery

(Yicai Global) April 19 -- Chinese electric car startup Li Auto is set to become the first company to use Contemporary Amperex Technology's quick-charging Qilin batteries.

Li Auto’s new model will be powered by the 4C-rate Qilin batteries, which can fully charge in 15 minutes, the Beijing-based automaker said in a statement yesterday. It will also offer an 800 V super-charging solution to juice up a vehicle in 10 minutes for a range of 400 kilometers.

Li Auto also made public some of its plans in a roadmap that includes launching a flagship model, five extended-range electric models, and five high-voltage battery models by 2025. This year, it expects to build more than 300 fast charging stations, covering 90 percent of China’s highways and major cities.

The company delivered 20,800 vehicles last month, up 89 percent from a year ago, marking the second time it has exceeded 20,000 units since December, according to official data. The firm had handed over a total of 309,900 vehicles to buyers as of March 31.

Li Auto’s stock price [HKG: 2015] closed 4.1 percent lower at HKD96.25 (USD12.26) in Hong Kong today. The benchmark Hang Seng Index fell 1.4 percent.

Editors: Shi Yi, Emmi Laine, Xiao Yi

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Keywords:   Li Auto,CATL,Contemporary Amperex Technology