Skip to site menu Skip to page content

Daily Newsletter

15 December 2023

Daily Newsletter

15 December 2023

Geely Zeekr brand unveils fast-charging LFP battery

Latest manufacturer to invest in LFP battery tech

David Leggett December 15 2023

Zeekr, the Geely-owned premium electric vehicle brand has unveiled a lithium iron phosphate (or lithium ferrophosphate - LFP) battery that it has developed to support fast charging.

LFP batteries are said to be safer and last longer than lithium-ion batteries, but their energy density is lower – a significant technical obstacle to overcome in getting them to market with good performance characteristics.

At a battery plant owned by Zeekr's parent Geely Holding Group in the province of Zhejiang, Zeekr said its upcoming 007 model would be the first model to be equipped with the batteries. It says they charge sufficiently within 15 minutes for a driving range of 500 km when matches to an 800-voltage electric system.

Zeekr currently uses lithium nickel-manganese-cobalt (NMC) batteries supplied by CATL.

CATL has also launched fast-charging batteries.

Smart parking market expected to grow at a CAGR of 13.2% by 2030

Urbanization and population growth are the major drivers of the smart parking market as they have a significant impact on parking demand, traffic congestion, and the need for efficient urban infrastructure. Smart parking systems assist in optimizing the use of current parking facilities by providing real-time information on available spaces and decreasing the time and effort spent looking for parking.

Newsletters by sectors

close

Sign up to the newsletter: In Brief

Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Thank you for subscribing

View all newsletters from across the GlobalData Media network.

close