China-based CATL, the world's largest maker of electric vehicle batteries, is significantly expanding its battery swapping network. This move aims to bolster the adoption of electric vehicles by providing a convenient and efficient alternative to traditional charging methods.
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China supports EV growth through government subsidies and mandates. So it makes more sense for companies to invest in unique EV infrastructure there because that’s more likely to be needed.The most notable example might be Israeli startup Better Place, which tried its hand at swapping in 2007. Different automakers put different batteries in their various EV models, so a station would need all of those available if the industry didn’t agree to a standardized battery, and not all of those models are out yet in volume. This is something that really needs scale.
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