China’s largest EV battery manufacturer, Contemporary Amperex Technology Company Limited (CATL), announced this week that it plans to build 1,000 additional battery replacement stations by 2025, as it continues to address concerns about the availability of electric vehicle (BEV) charging stations for its brethren.
BEV sales growth in China slowed sharply this year, as sales rose 15% to 6.738 million units in the January-November period, while sales of plug-in hybrids rose 85% to 4.519 million units, according to the data. issued by the China Association of Automobile Manufacturers (CAAM).
CATL said some of the interchange stations will be built in Macau and Hong Kong, where government efforts are being stepped up to encourage drivers to switch to BEVs. The company says the new stations will allow owners to change their batteries in 100 seconds.
Earlier this week, CATL announced that it has added a new partner, FAW Group brand Hongqi, to the battery replacement alliance after joining Changan Automobile in November. Its long list of members also includes GAC Group, BAIC, Geely, Nio, Great Wall Motors, SAIC Motor and Xpeng.
With its support of Contemporary Amperex Energy Service Technology (CAES), CATL’s long-term goal is to have more than 10,000 substations in operation across the country. The company also offers battery rental services and works with its automotive partners to design custom batteries for its exchange services.
CATL’s founder and chairman, Robin Zeng Yuqun, said in a statement: “CATL is committed to promoting the best EV battery technology. As a market leader, we will work with our partners to create a meaningful ecosystem to achieve new breakthroughs.”
“CATL to add 1,000 more battery changing stations by 2025” was originally published by Just Auto, a brand owned by GlobalData.
The information on this site is provided for general information purposes only. It is not intended to be advice on which you should rely, and we make no representation, warranty or guarantee, either express or implied as to its accuracy or completeness. You should obtain professional or expert advice before taking, or refraining from, any action on the basis of the content on our site.
Source link
