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CATL Builds 100 Chocolate Battery Swap Stations in May
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CATL (03750.HK)(300750.SZ) hailed a blockbuster milestone today (30th) with its Chocolate Battery Swap Network, as the Shanghai Pudong Jinliang Road Station becomes the 100th swap station completed in May, realizing the construction of 100 stations in a single month.

Within less than 180 days since the business launch, Chocolate Battery Swap has successfully tapped into 24 cities in China, remarkably leading the industry.

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Down the road, CATL will join forces with Sinopec, planning to jointly build no less than 500 swap stations by 2025, with a long-term goal to expand to 10,000 stations, turning the concept of "battery swapping like refueling" into reality.
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