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The giants accelerating the entry of EV battery swapping track

Moomoo News ·  Apr 22, 2022 04:14  · Latest

Recently NIO and CATL,  two giants announced to increase their investment in the battery swapping market. Industry insiders said that with the rapid development of the EV industry, the battery charging gap is widening, battery swapping market is entering a period of rapid development. As for the "pain points" such as the inconsistent standards of power battery packs existing in the battery swapping, the standardization and universalization of the battery swapping should be accelerated to further promote the development of the battery swapping industry.

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