CATL Aims for 1,000 Battery Swap Stations by 2025

CATL, the world's leading EV battery manufacturer, is set to revolutionize the EV market by expanding its battery swapping network, aiming to construct 1,000 battery swap stations across China in 2025, with a long-term goal of 10,000 stations. The company has developed a standardized battery pack, the 'Choco' series, allowing for quick battery swaps in just 100 seconds, which addresses charging time concerns and boosts EV adoption. CATL plans to collaborate with various partners and introduce new EV models with integrated battery swap technology, competing with established players like Nio. This initiative also includes a subscription model starting at 369 yuan per month, making the service accessible to a broader audience. The expansion is part of CATL's strategy to phase out gas stations and promote cleaner, more convenient EV solutions, while also stabilizing the power grid using green energy. Despite these advancements, standardization across different EV models remains a challenge for widespread adoption.