Tesla supplier CATL unveils battery that can add up to 400km of range in 10 minutes

CATL unveils a new battery that aims to solve electric vehicles' charging and range limitations.

Key points:

1. The battery, called Shenxing or "god-like speed," can refuel up to 400 kilometers (250 miles) of range in 10 minutes.
2. Mass production of the battery is expected to start by the end of 2023, with shipping to begin in 2024.
3. Shenxing is the world's first 4C superfast charging LFP battery, using lithium iron phosphate technology.

Hint on Elon Musk: Elon Musk is the CEO of Tesla, a major customer and partner of CATL.