China’s Contemporary Amperex Technology Co. Ltd. (CATL), the largest electric vehicle (EV) battery manufacturer globally, has launched a new EV chassis platform named “Panshi.”

This platform is designed to withstand a frontal impact at 120 kph (75 mph) without igniting or exploding.

The “Panshi” chassis targets premium automakers looking to expedite EV production and lower development costs.

Known as a “skateboard chassis,” this type integrates vital EV components such as motors, batteries, controls, and suspensions to promote flexible vehicle development.

Chairman Robin Zeng indicated that this technology could reduce the cost of developing a new EV significantly, from billions of dollars to around US$10 million.

Recent CATL developments

Timeline 19-Dec-2024 🔋 CATL to build 1,000 EV battery swap stations by 2025 CATL to build 1,000 battery swap stations by 2025 Focus on fleet vehicles before expanding to individual owners 12-Dec-2024 ⚡ CATL, Stellantis to build $4.3b EV battery plant in Spain CATL & Stellantis to build plant in Spain €4.1B facility to produce LFP batteries by 2026 26-Nov-2024 🔋 Chinese EV battery maker denies Xinjiang forced labor claims CATL denies links to Xinjiang suppliers. US bans imports from firms over forced labor claims. 10-Mar-2023 🔋 Tesla battery partner CATL doubles revenue in Q4 CATL’s Q4 revenue doubles to US$17 billion. Company’s annual profit rises to US$4.4 billion. 13-Jun-2019 🚲 In brief: Hellobike to form $145m e-bike battery venture with Ant Financial, CATL Hellobike, Ant Financial invest $145M in e-bike venture Joint venture to create battery swap network for e-bikes 15-Jan-2014 🐱 Grumpy Cat has nothing on on Catlateral Damage’s feline saboteur Play as an ‘asshole cat’ in new indie game. Alpha stage available; future updates planned. ……