CATL co-developed 10 new EV models with swappable batteries

First to be launched this month, with plans for 1,000 swapping stations next year

20241218 CATL station swap

A CATL "choco-swap" battery swapping station displayed at an event in Xiamen, Fujian province, China on Dec. 18. © Reuters

XIAMEN, China (Reuters) -- CATL said on Wednesday it had co-developed 10 new electric vehicle models with automakers that use swappable batteries, as the Chinese battery giant seeks to lead a trend it says will replace a third of gasoline stations in China.

Yang Jun, CEO of CATL's battery-swapping brand EVOGO, said it would roll out the first EV that uses its so-called "choco-swap" battery this month, with the remaining to be launched in upcoming months.

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