CATL plans major expansion of EV battery swapping stations in China for 2025.

China's leading battery maker, CATL, plans to expand electric vehicle (EV) battery swapping stations in 2025. This technology allows drivers to swap a depleted battery for a fully-charged one in minutes. While successful in China due to high EV adoption and government support, the model's global success is uncertain due to the need for standardized batteries and significant investment. It could be particularly useful for ride-sharing and fleet vehicles.

3 months ago
8 Articles

Further Reading