Following reports out of China earlier this month, battery behemoth CATL has confirmed the production of its M3P batteries that will deliver next year. Although the chemistry may be similar, CATL has said the M3P batteries vary from Lithium Manganese Iron Phosphate (LMFP) cells.
Contemporary Amperex Technology Co Ltd., aka CATL, is a global energy technology company and the leading EV battery manufacturer in China. Beyond Asia, the company has retained its crown as the world’s largest battery manufacturer by installed capacity for a fifth-straight year.
Earlier this month, rumors began to surface about CATL’s “M3P” batteries, which were briefly mentioned by the battery company in February amongst other upcoming technologies like sodium-ion batteries.
The initial assumption was that CATL’s M3P chemistry was that of LMFP, as local Chinese media said the…