Finance
China's CATL launches EV platform, flagging safety as top selling point
China's CATL launches EV platform, flagging safety as top selling point
Published by Global Banking and Finance Review
Posted on December 24, 2024
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)
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