China-based companies are making significant advances in electric vehicle (EV) technology, including the development of a battery that can provide a 320-mile charge in just five minutes. This week, KCBS Radio’s Holly Quan spoke with David Welch of Bloomberg about the breakthrough and its potential availability in the U.S.
Welch discussed CATL, a Chinese EV manufacturer that has a licensing deal with Ford in Michigan. While the fast-charging battery showcased in Shanghai this week shows promise, Welch doesn’t anticipate it reaching U.S. roadways anytime soon.
“The technology works, but it’s not yet being industrialized or commercialized,” Welch explained. “However, it’s coming. When Chinese companies want to roll out new tech, they face fewer domestic barriers and tend to move quickly.”
Welch also mentioned that Chinese companies are closely monitoring the ongoing tariff war initiated by President Donald Trump, which could impact their ability to enter the U.S. market. He noted that the CATL-Ford licensing deal is controversial and adds another layer of complexity.
Related topics:
- iRobot Unveils Roomba Max 705 Vac
- Sunseeker Launches X3 Plus Robotic Mower
- Lithium Battery Recycling: Profitability and Policy Changes in 2025
