GUANGZHOU -- China's top auto battery maker, Contemporary Amperex Technology Co. Ltd. (CATL), plans to build thousands of stations that can replace an electric-vehicle battery with a fresh one in about as much time as it takes to fill a tank of gasoline.
Electric vehicles
China's CATL pushes 2-minute EV battery swaps as alternative to charging
Company teams with Sinopec, Nio to build nationwide network of 10,000 stations
CATL's battery swapping stations can cut waiting times to just two minutes per vehicle. (Photo by Shizuka Tanabe)
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