( ) — UNDATED (Correspondent Jeremy House) “built with partners.” The world’s largest maker of batteries for electric vehicles says it will get into battery swapping in China in a big way starting next year. [CutID: <Cuts> CHINA-CATL-house-q-WEDam.mp3 Time: 27s Title: CHINA-CATL-house-q-WEDam Out-cue: built with partners] TAG: Correspondent Jeremy House reporting. If C-A-T-L follows through, […]
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China’s CATL is planning a major expansion of battery swapping for electric vehicles
( ) — UNDATED (Correspondent Jeremy House) “built with partners.”
The world’s largest maker of batteries for electric vehicles says it will get into battery swapping in China in a big way starting next year.
[CutID: <Cuts> CHINA-CATL-house-q-WEDam.mp3
Time: 27s
Title: CHINA-CATL-house-q-WEDam
Out-cue: built with partners]
TAG: Correspondent Jeremy House reporting. If C-A-T-L follows through, it could rival Nio, a 10-year-old Chinese electric car brand that has opened more than 2,700 stations and has plans for at least 5,000.
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VERBATIM: The idea behind battery swapping is to refuel quickly, similar to filling a conventional car with gas. Instead of waiting for the batteries to recharge, one swaps out the old ones with a block of fresh ones at a swap station. China-based C-A-T-L announced plans to open 1,000 swap stations in China next year, including Hong Kong and Macao, with a long-term goal of 10,000 stations built with partners.