Report
CATL and BAIC plan battery-swapping system aimed at serving 1 million vehicles
Bloomberg reports BAIC will bring compatible models to CATL’s Choco-Swap network and offer dealerships to support station deployment.
TLDR
CATL and Beijing Automotive Group (BAIC) plan a battery-swapping system with a target of serving 1 million vehicles, Bloomberg News reports. BAIC is set to bring compatible models from multiple brands into CATL’s Choco-Swap network and make its dealerships available to help deploy stations. Bloomberg’s report, carried by The Business Times, gives no timeline for the target and flags station and spare-battery costs as hurdles.
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