CATL to Open 1,000 Battery Swap Stations in China Next Year

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CATL to Open 1,000 Battery Swap Stations in China Next Year
ELECTRIC VEHICLESBATTERY SWAPPINGCATL
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CATL, a leading battery manufacturer for electric vehicles, announced plans to open 1,000 battery swap stations in China starting next year. The company aims to build 10,000 stations in the future, with a focus on rapid refueling for electric vehicles.

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“By 2030, battery swapping, home charging, and public charging stations will share the market,” Robin Zeng, the CEO of CATL, predicted at a splashy presentation in southeast China’s Fujian province, where CATL is based. He appealed to corporate partners to work together to “build more convenient, more economical and safer services for customers, promoting a brand-new way of life.”Global demand spurring Indonesia’s mining boom comes at a cost for many communitiesBattery swapping faces hurdles.

Michael Davidson, a renewable energy expert at the University of California, San Diego, believes that charging will dominate “and maybe there’ll be some battery swapping options mixed in there.”

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