> The data is based on 12 electric vehicles, 100 sample batteries, and real-world applications across four major cities in China. You can see in the chart from Morgan Stanley Research that Models 11 and 12, which use CATL batteries, exhibit considerably slower degradation than the other suppliers.

> For example, CATL is one of four LFP battery suppliers at the Zhangbei National Wind-Solar-Storage Demonstration Project in China. CATL’s batteries are the only ones that have never been replaced, retaining over 90% of residual capacity after 14 years.

This is incredible performance considering 1.25M miles simulated and almost fifteen years of service life.