Recent developments in electric vehicle (EV) battery technology have been marked by significant advancements from Chinese companies, particularly CATL and Changan Automobile. According to Geo Business, CATL has introduced the 5C ultra-fast-charging battery, which can last up to 1.1 million miles. This battery can fully recharge in just 12 minutes and retains 80% of its capacity after 1.8 million kilometers, demonstrating remarkable durability even under extreme temperatures of up to 140°F. The South China Morning Post highlights Nio's strategic expansion with a $2.6 billion investment in battery swapping stations, planning to add 1,000 more stations this year, which allows EV owners to swap batteries in three minutes, enhancing convenience and reducing range anxiety.