CATL unveiled a new fast-charging lithium-iron-phosphate battery at the Beijing auto show, offering a six-minute recharge from 10% to 98% and a 1,000-km range, aiming to outpace rivals like BYD . The EV battery market is highly competitive, with manufacturers racing to reduce charging times and extend range to mitigate range anxiety and raw-material price volatility. The new "Shenxing" battery can go from 10% to 35% in one minute and from 10% to 98% in six minutes under moderate temperatures. It also includes a nickel-cobalt-manganese cell that delivers 1,000 km on a single charge and a condensed-matter cell that could reach 1,500 km. These figures surpass the nine-minute charge previously announced by BYD . Gao Huan, chief technology officer, said the company always delivers on its promises. Wu Kai, chief scientist, noted that a complex world demands a variety of solutions, and that the multi-chemical approach will make new energy vehicles accessible to all tiers, from budget urban cars to heavy-duty trucks. By diversifying chemistries, CATL aims to hedge against raw-material price swings and accelerate EV adoption, especially in markets with limited charging infrastructure, positioning the company as a leader in next-generation battery technology.