China's CATL launches EV platform, flagging safety as top selling point
Published by Global Banking & Finance Review®
Posted on December 24, 2024
1 min readLast updated: January 27, 2026

Published by Global Banking & Finance Review®
Posted on December 24, 2024
1 min readLast updated: January 27, 2026

CATL unveils 'panshi', a new EV platform focused on safety, capable of withstanding high-speed impacts, targeting premium car makers.
SHANGHAI (Reuters) - China's CATL, the world's largest battery maker, on Tuesday launched a new electric vehicle platform that it says can withstand 120km/h frontal impact without catching fire or exploding, as it touts safety as a key selling point.
The company aims to sell the new EV platform - called "panshi" in Chinese, which translates to "bedrock" - to premium car makers, seeking to accelerate development, and lower costs.
(Reporting By Reporting by Zhang Yan, Brenda Goh; Editing by Anne Marie Roantree and Muralikumar Anantharaman)
The article discusses CATL's launch of a new electric vehicle platform focusing on safety features.
'Panshi' is CATL's new EV platform designed to withstand high-speed impacts without catching fire.
The platform is targeted at premium car manufacturers looking to enhance safety and reduce costs.
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