Chery Automobile Co., Ltd. officially launched its first Li-ion battery-powered EV, Ruilin M1, powered by a Li-ion phosphate battery pack from China BAK, at the 25th World Electric Vehicle Symposium and Exposition (EVS).
The electric M1 has a top speed of 120 km/h (75 mph) and can cover 150km (93 miles) on a single charge.
In addition to the Ruilin M1, Chery also presented four other new EV solutions powered by China BAK’s lithium-ion phosphate batteries, including Ruilin X1, Chery A5, Ruilin G5 and an additional model of its M1 series.
Currently, we are the only lithium-ion battery supplier to power Chery’s electric vehicles and will continue to expand our cooperation with Chery. In the future, we anticipate revenue and market share growth from our EV business as we gradually increase production of our high-power cells to meet anticipated market demand.—Xiangqian Li, CEO of China BAK
Chery uses a NiMH battery system from Johnson Controls-Saft Advanced Power Solutions in the hybrid A5 ISG sedan. (Earlier post.)