CATL aims for 'battery as a service' hegemony in China

Top maker of car batteries is building stations for fast swapping

20220819 Catl main

This battery swapping station for taxis in Amoy, in the southern Chinese province of Fujian, is part of a small but growing market that China's CATL hopes to set the standards for. (Photo by Takashi Kawakami)

TAKASHI KAWAKAMI, Nikkei staff writer

GUANGZHOU -- Contemporary Amperex Technology (CATL), China's world-leading manufacturer of automobile batteries, is stepping up preparations to launch battery rental services for electric vehicles.

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