New battery technologies are coming out frequently. Who is the "big killer"?
The continued expansion of the scale of electric vehicles has prompted continuous breakthroughs in power battery technology. Recently, South Korean media ETNews reported that LG Chem plans to mass-produce an ultra-high nickel NCMA battery in the second quarter of next year. In the second half of next year, this battery will be mounted on the Tesla Model Y produced by the Shanghai Super Factory. Ultra-high nickel NCMA batteries will be produced by LG Energy, a wholly-owned subsidiary of LG Chem. According to ETNews reports, the nickel content in NCMA battery cathode materials can be increased to 90%, and the cobalt content can be reduced to less than 5%. The biggest advantage of multi-element lithium batteries is high endurance. ETNews reported that NCMA batteries can provide a battery life of no less than 600 kilometers on a single charge, which is significantly higher than the current mainstream 500 kilometers endurance in the market. Combined with a Reuters report earlier this mo