Citigroup: Contemporary Amperex Technology (03750) leads the industry in performance of its various products, which can enhance market share.
The company has confirmed that its sodium-ion battery Naxtra will begin mass production in the fourth quarter of this year.
Citigroup released a research report stating that Contemporary Amperex Technology (03750) held a Technology Day on the 21st, where the company launched the third-generation Magic Dragon super fast charging battery, with an average charging rate of 10C and a maximum rate of 15C. The third-generation Kirin battery weighs 625kg, with an energy density of 280wh/kg. As for the second-generation Xiaoyao super hybrid battery, its lithium iron phosphate (LFP) version has a pure electric range of 500 kilometers, while the ternary (NCM) version has a range of 600 kilometers. The company confirmed that their sodium-ion battery Naxtra will enter mass production in the fourth quarter of this year. The bank believes that this event proves that Contemporary Amperex Technology is once again raising the bar for the electric vehicle battery industry, with leading performance indicators for all product platforms, and believes it will help the company increase market share.
Related Articles
EB SECURITIES: High-quality promotion of energy conservation and carbon reduction work, upgraded top-level design leading green transformation.
HK Stock Market Move | China Oilfield Services (02883) rose by over 5% after its performance results, as geopolitical tensions have dragged down the number of days for drilling platform operations. The company's global competitiveness is gradually increasing.
HK Stock Market Move | Auntea Jenny (02589) rises against the trend by more than 11%, shareholders voluntarily extend the lock-up period, demonstrating confidence in development. The company's 26-year store expansion is promising.
EB SECURITIES: High-quality promotion of energy conservation and carbon reduction work, upgraded top-level design leading green transformation.
HK Stock Market Move | China Oilfield Services (02883) rose by over 5% after its performance results, as geopolitical tensions have dragged down the number of days for drilling platform operations. The company's global competitiveness is gradually increasing.
HK Stock Market Move | Auntea Jenny (02589) rises against the trend by more than 11%, shareholders voluntarily extend the lock-up period, demonstrating confidence in development. The company's 26-year store expansion is promising.
RECOMMEND
The Great Transformation Of The Hong Kong Automotive Market
23/04/2026
Another “Elephant” Dances As China Construction Bank Hits A Record High While The Sector Remains Below Book Value, With Several Names Offering Elevated Dividend Yields
23/04/2026
Major Oil Traders Warn One Billion Barrel Shortfall Is Locked In, Hormuz Closure Could Trigger Recession
23/04/2026
