China’s Contemporary Amperex Technology Co. Ltd. (CATL), the largest electric vehicle (EV) battery manufacturer globally, has launched a new EV chassis platform named “Panshi.”

This platform is designed to withstand a frontal impact at 120 kph (75 mph) without igniting or exploding.

The “Panshi” chassis targets premium automakers looking to expedite EV production and lower development costs.

Known as a “skateboard chassis,” this type integrates vital EV components such as motors, batteries, controls, and suspensions to promote flexible vehicle development.

Chairman Robin Zeng indicated that this technology could reduce the cost of developing a new EV significantly, from billions of dollars to around US$10 million.

Recent CATL developments