CATL plans on building more than 1,000 swapping stations in 2025 across China and will enlist partners to build more stations. Vehicles compatible with the CATL system will be offered two different battery pack sizes and subscription fees will start at 369 yuan ($51) per month, Reuters notes.

The world's largest maker of batteries for electric vehicles said Wednesday it will get into battery swapping in China in a big way starting next year. The idea behind battery swapping is to refuel quickly,

Could battery swapping change the landscape for electric cars in the UK? While this technology could thrive in China, its success in other nations remains uncertain. Battery swapping enables EV drivers to exchange their depleted battery for a fully charged one within minutes at a designated station.

CATL has already co-developed 10 electric vehicles that will be supported by its network. Nio is the leader in EV battery-swapping and already operates over 2,600 stations in China. More than a decade ago,

Chinese electric battery company CATL and automaker Stellantis say they will build a major battery factory in northern Spain.