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.

The world’s leading EV battery maker wants to make gas stations a thing of the past. On Wednesday, CATL revealed ambitious plans to expand its EV battery swap network with ten new models. By swapping batteries, EV drivers can get a fully charged pack within two minutes. That’s even quicker than filling up your gas tank.

China's leading electric vehicle (EV) battery manufacturer, CATL, has announced plans to significantly expand its battery swapping infrastructure in 2025. The company aims to establish 1,000 battery swap stations across China,