CATL, China’s largest EV battery manufacturer, has announced plans to build 1,000 additional battery swapping stations in 2025. This initiative aims to address concerns over the availability of charging facilities for battery electric vehicles (BEVs) in the country.
The growth of Chinese-made BEV sales has slowed this year, with a 15% increase to 6.738 million units in the January-November period. In contrast, sales of plug-in hybrids surged by 85% to 4.519 million units, according to data from the China Association of Automobile Manufacturers (CAAM).
CATL’s new battery swapping stations will be constructed in Macau and Hong Kong, where government efforts are being intensified to encourage motorists to switch to BEVs. The company promises that owners will be able to swap their batteries in as little as 100 seconds at these stations.
Recently, CATL welcomed FAW Group’s Hongqi brand as a new partner in its battery swapping alliance, following Changan Automobile’s entry in November. The alliance already includes prominent members like GAC Group, BAIC, Geely, Nio, Great Wall Motors, SAIC Motor, and XPeng.
Through its subsidiary Contemporary Amperex Energy Service Technology (CAES), CATL aims to operate over 10,000 swapping stations nationwide in the long run. The company also offers battery rental services and collaborates with automotive partners to design batteries tailored for its swapping services.
CATL’s founder and chairman, Robin Zeng Yuqun, stated, “CATL is determined to promote the best EV battery technologies. As the market leader, we will join hands with our partners to create a sound ecosystem to achieve innovative breakthroughs.”
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