CATL, a leading battery manufacturer, plans to establish 10 battery swap stations for electric vehicles in Hong Kong by the end of 2026. This initiative aims to drastically reduce EV charging times and boost efficiency for local taxi drivers.
Key Details
Strategic Partnerships: CATL will collaborate with Chinese state-owned automaker FAW, ride-hailing giant Didi, and Hong Kong-listed energy infrastructure firm Dragon Rise New Energy Holdings Ltd to promote battery swap technology in the city.
Vehicle Integration: Right-hand-drive versions of FAW’s E-QM5 electric sedans, under the historic Hongqi (Red Flag) brand favored by Chairman Mao, will feature CATL’s swappable batteries and be distributed in Hong Kong.
Broader Ambitions: This move complements CATL’s larger plan to roll out 1,000 battery swap stations across China in 2025, signaling strong commitment to advancing EV infrastructure.
The initiative is expected to enhance convenience for EV users, particularly commercial drivers, supporting Hong Kong’s clean transportation goals.
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