A senior executive of Ningde Times confirmed in an interview that the company is developing a new type of power battery for electric vehicles that does not contain nickel or cobalt.

        Meng Xiangfeng, assistant to the chairman of Ningde Times, also mentioned at an industry conference held by the China Association of Automobile Manufacturers in Shanghai that the new battery type will be different from existing NCA, NCM and LFP batteries, and will have no expensive metals such as nickel or cobalt. The two metals are still known to be key components of power batteries and a major obstacle to reducing battery costs, with battery makers from Panasonic to LG reducing the amount of cobalt they use in their batteries.

        In addition to the development of new batteries, we have also reported that Ningde Times is also developing a new architecture, namely the integration of battery and chassis, in order to integrate the motor, electric control, vehicle high voltage and other innovative architectures together, and optimize power distribution and reduce energy consumption through intelligent power domain controller.

Editor's Comment:

One of the reasons electric cars are expensive is their batteries, which are at the heart of how far they can go. Therefore, breakthroughs in battery technology will determine the technological level of electric vehicles. We can see that ningde Times, Panasonic and LG, as well as many domestic and foreign research institutions, are investing and research and development in reducing battery costs and improving battery life. We hope that The Ningde Era from China can take the lead in this smokeless war and help The upward development of China's new energy automobile industry.