This would allow an all-electric sedan with a three-meter wheelbase to offer a driving range of 1,500 km per charge. The sodium-ion batteries, branded as Naxtra, offer an all-electric car a 500 km range. The move came three years after CATL unveiled its first-gen sodium-ion battery when demand for precious battery ingredients such as cobalt spiked, Reuters reported. Qilin and Shenxing feature high energy density and fast-charging capability, respectively, while Freevoy hybrid batteries target an increasing number of plug-in hybrid and extended-range hybrid EV producers. READ MORE: Interview: CATL executives on hybrid vehicles, sodium-ion batteries, and more