November 17, 2024
Robin Zeng, the founder and chairman of CATL (Contemporary Amperex Technology Co.), the world's largest EV battery company based in Ningde, China, has made a blunt assessment of Tesla's ambitious 4680 battery project, declaring it 'is going to fail and never be successful.'
Zeng's prediction, made during an interview with a major news outlet, sent shockwaves throughout the electric vehicle (EV) industry, as Tesla's 4680 battery has been hailed as a game-changer for the company's future.
The 4680 battery, named after its dimensions (46mm in diameter and 80mm in height), is Tesla's latest attempt to revolutionize the EV industry with its cutting-edge technology. However, according to Zeng, the project is doomed to fail due to several inherent issues.
CATL's stance on the development of EV battery projects reflects the determination of its position and competitive prowess over counterparts, signaling an era where companies like theirs assume global dominance of automotive productions.
Observers of advancements in the electric vehicle market point out that the ambitious 4680 battery project is just the start for Tesla as they are already working on solid-state battery technologies which will overstep the current liquid lithium-ion batteries. Yet these are relatively futuristic and would not be enough to increase sales in 2024.
Tesla has not publicly commented on Zeng's prediction, but the company's stock prices have been affected by the news, sparking a heated debate among investors and industry experts about the future of the EV giant.
As the EV market continues to evolve, it remains to be seen whether Zeng's prediction will come true or if Tesla will prove him wrong with its innovative 4680 battery project.
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