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CATL, China’s leading EV battery manufacturer, plans to expand its battery swapping infrastructure by establishing 1,000 stations in China by 2025 and aims for 10,000 in the future. The company’s “choco-swap” battery allows for quick replacements, targeting fleet vehicles initially and potentially individual car owners later on. While battery swapping offers convenience, challenges include the need for standardization and competition from other companies like Nio, highlighting the ongoing evolution of EV refueling methods in the market.
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