According to THEELEC reports, Hyundai Motor is considering starting to use CATL lithium iron phosphate battery on Kia’s second-generation Ray EV, which will be the first battery-powered by Hyundai Motor. Electric vehicles with lithium-ion batteries. This is not the first cooperation between the two parties. Hyundai Motor has introduced ternary lithium batteries produced by CATL before. However, only the battery cells of this battery are imported from CATL, and the modules and packaging work are carried out in Korea.
In addition, relevant information shows that in order to overcome the low energy density, Hyundai Motor will also introduce CATL’s “Cell To Pack” (CTP) technology. By simplifying the module structure, this technology can increase the volume utilization rate of the battery pack by 20% to 30%, reduce the number of parts by 40%, and increase production efficiency by 50%.
It is found from the official announcement of Hyundai Motor that in addition to the lithium iron phosphate battery produced by CATL, Hyundai Motor will also contact LG Energy and SK On to obtain more battery supply solutions.