CATL and Sinopec have agreed to jointly establish a battery-swapping “ecosystem” across China, with at least 500 battery swap stations scheduled to be built by the end of 2025 ...

Chinese electric vehicle battery giant CATL said on Wednesday that it will partner with state-owned oil giant Sinopec to build 10,000 battery swap stations. As part of a strategic deal signed in ...

BEIJING, April 7, 2025 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec", HKG: 0386), one of China's largest integrated energy and chemical companies, and CATL (Contemporary Amperex ...

World’s top maker of EV batteries and oil giant aim to build a ‘battery-swapping ecosystem across the whole nation’.

The Chinese battery market leader CATL may want to acquire a majority stake in Nio's battery swap business. The car brand ...

CATL made the proposal after announcing a maximum 2.5 billion yuan ($342 million) investment in the unit, Nio Power, in March ...

CATL: Demand Strong, Capacity Utilization Relatively Saturated; More Battery Swap Models to Be Launched within Yr ...

CATL is increasingly investing in this area as it looks to become a major green energy provider. Indeed, the company recently ...

BEIJING, April 7, 2025 /PRNewswire/ -- China Petroleum & Chemical Corporation ("Sinopec", HKG: 0386), one of China's largest integrated energy and chemical companies, and CATL (Contemporary ...

Contemporary Amperex Technology (CATL), the world’s largest electric vehicle (EV) battery producer, plans to ramp up construction of battery-swapping stations across mainland China after it ...