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Finance

China's CATL launches EV platform, flagging safety as top selling point

Published by Global Banking & Finance Review

Posted on December 24, 2024

1 min read

· Last updated: January 27, 2026

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SHANGHAI (Reuters) - China's CATL, the world's largest battery maker, on Tuesday launched a new electric vehicle platform that it says can withstand 120km/h frontal impact without catching fire or

CATL Launches New Safe EV Platform for Premium Cars

SHANGHAI (Reuters) - China's CATL, the world's largest battery maker, on Tuesday launched a new electric vehicle platform that it says can withstand 120km/h frontal impact without catching fire or exploding, as it touts safety as a key selling point.

The company aims to sell the new EV platform - called "panshi" in Chinese, which translates to "bedrock" - to premium car makers, seeking to accelerate development, and lower costs.

(Reporting By Reporting by Zhang Yan, Brenda Goh; Editing by Anne Marie Roantree and Muralikumar Anantharaman)

Key Takeaways

CATL launches a new EV platform called 'panshi'.
The platform can withstand 120km/h frontal impacts.
Safety is highlighted as a key selling point.
Targeted at premium car manufacturers.
Aims to accelerate development and reduce costs.

Frequently Asked Questions

What is the main topic?

The article discusses CATL's launch of a new electric vehicle platform focusing on safety features.

What is the 'panshi' platform?

'Panshi' is CATL's new EV platform designed to withstand high-speed impacts without catching fire.

Who is the target market for the new platform?

The platform is targeted at premium car manufacturers looking to enhance safety and reduce costs.

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