FAW Hongqi joins CATL's "Battery Swap Alliance"

FAW Hongqi Automobile Sales Co., Ltd., Contemporary Amperex Technology Co., Ltd. and Contemporary Electric Service Technology Co., Ltd. jointly announced that the three parties have officially signed a cooperation framework agreement on battery swapping projects and will carry out in-depth cooperation in the field of battery swapping. According to the agreement, the three parties will fully integrate their respective technical expertise and market resources in the field of new energy to fully cover the core businesses such as the market promotion of Hongqi brand chocolate battery swapping models, battery swapping services and efficient operation of battery swapping batteries.