One out of every three new NEVs added worldwide is loaded with the CATL's batteries.

In his presentation, Zeng also said CATL launched the Qilin Battery this year for the premium EV market, with a system energy density of 255 Wh/kg and a range that easily exceeds 1,000 kilometers.

The Qilin Battery features the latest NP 2.0 high safety protection technology, a new generation of safety protection developed by CATL, which for the first time uses active decoupling of high voltage and runaway fumes, he said.

One could say that an electric car that does not carry Qilin Battery is not a high-end car, he claimed.

For the affordable EV market, CATL has introduced the M3P battery through the innovation of material system, Zeng said in his speech.

CATL's M3P battery is based on lithium iron phosphate (LFP) chemistry, but is not an LFP battery. It maintains the high safety and long-life characteristics of LFP batteries, but with a 20 percent increase in cell energy density, making it very competitive, he said.

Earlier this month, Sina Tech cited people familiar with the matter as saying that Tesla would soon launch a new China-made Model 3, with the biggest highlight being that the entire lineup would use M3P batteries supplied by CATL, with a range improvement of at least 10 percent.

But Tesla later said it has no plans to use any new models of batteries, including the 4680 cells, in the China-made Tesla models.

Zeekr to be first brand to use CATL Qilin Battery, Zeekr 001 with 1000 km range to be launched in Q2 2023