Chinese company develops EV battery that may last 16 years, 2 million kilometres
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The Chinese behemoth that makes electric-car batteries for Tesla Inc. and Volkswagen AG developed a power pack that lasts more than a million miles - an industry landmark and a potential boon for automakers trying to sway drivers to their EV models. The company's chairman Zeng Yuqun said Contemporary Amperex Technology Co. Ltd. is ready to produce a battery that lasts 16 years and 2 million kilometers.