SHANGHAI (Reuters) -Chinese electric vehicle battery maker CATL on Monday launched the second generation of its "Shenxing" fast-charging battery, which it said would power more than 67 new electric vehicle models this year.

Contemporary Amperex Technology Co. Ltd. (CATL), the world's largest electric vehicle battery manufacturer, introduced a new line of battery technologies Monday, unveiling a sodium-ion battery brand and a second-generation version of its high-speed lithium-iron phosphate (LFP) battery capable of adding 300 miles of driving range in just five minutes.