However, Tesla had devised a solution to bring the range closer to what it originally announced: a separate battery pack that sits in the truck’s bed. Tesla called it a “range extender.” ...

Chinese firm CATL showed off a new battery on Monday, which it said can add over 500km of range. Rival BYD has also unveiled 5-minute charging as Chinese companies and Tesla battle for EV dominance.

Shares in EV maker Tesla (TSLA) and Chinese rival BYD (BYDDY) spluttered lower today as battery maker CATL unveiled technology which it said could charge vehicles quicker than anyone else.