The planned annual capacity of Zoolnasm's manufacturing facility includes 20 GWh of sodium-ion battery cells and 10 GWh of sodium-ion battery systems.
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The Seres 5 will be powered by a ternary solid-liquid hybrid lithium battery from Ganfeng Lithium, with a 90-kWh version expected to offer a 530 km WLTP range.
For the full year 2022, CATL's share of China's power battery market was 48.2 percent and BYD 23.45 percent.
CATL's installed power battery volume from January to November was 165.7 GWh, ranking first with a 37.1 percent market share.
