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How CATL Aims to Dominate the Worldwide Battery Swapping Market
Summary by ELECTRIC VEHICLES
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How CATL Aims to Dominate the Worldwide Battery Swapping Market
CATL, the world’s largest battery manufacturer, is betting heavily on battery swapping as the next frontier in electric vehicle infrastructure, challenging the leadership of carmaker Nio and reviving a concept once dismissed by Tesla. At a demonstration in Shanghai last week to EV, the Ningde-based group showed how its “Choco Swap” stations can automatically replace a depleted battery in 70–80 seconds, with official specifications targeting a 99…
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