Great article, but when comparing to BYD 5 min charging, the CATL system is incomplete.
The new CATL battery can handle faster charging, but they haven't made chargers that can handle or deliver the needed power, to charge that fast.
BYD has built the the entire infrastructure from charger to battery, the charging system in the car can handle the 1MW charging power required. (1000 volt at 1000 amp). A battery that can handle it from 10-60% And finally they are setting up charging stations that can supply that level of power.
The CATL battery is great because it shows we can go even further, but BYD has their system available NOW!
What may be the biggest benefit IMO though, is that the new CATL battery will allow cars to charge very fast even with smaller batteries. Which may introduce a completely new type of cheap EV with medium range that can charge super fast, so they can still be used reasonably well for occasional longer trips too. This is also helped by the more than twice as high durability of the new battery. Smaller batteries need to be charged more often, and these batteries can handle that too.