CATL disclosed through the Company's Wechat account that CATL and Didi announced on January 26 the formal establishment of a joint venture for battery swapping in Fujian Province. The battery swapping JV will first provide battery swapping services for electric vehicles engaging in on-line car hailing services. CATL is also mulling over promoting cooperation in a wider range such as integrated energy storage and charging.
Written by Aggie Hu, huchenying@mysteel.com