This Chinese electric car startup has already beaten Toyota with mass-produced 1,000km batteries

The technology is attracting interest from a wide-array of automakers including Volkswagen, Ford, Mercedes-Benz, Geely, and Chinese consumer electronics-maker Xiaomi.

That’s higher than the estimated 300Wh per kilogram of Tesla’s 4680 battery, according to Shinyoung Securities in Seoul.

The technology is attracting interest from a wide array of automakers including Volkswagen AG, Ford Motor Co., Mercedes-Benz Group AG, Geely Automotive Holdings Ltd., and Chinese consumer electronics-maker Xiaomi Corp., Li said. “When we increase energy density, we have a serious concern on safety, but a hybrid one can get a balanced performance,” he said.

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