CATL, GAC Aion, and Times Electric Services signed a battery swap project cooperation agreement

CATL, GAC Aion and Times Electric signed a cooperation framework agreement on the battery swap project on May 16. According to the agreement, the three parties will jointly promote the sales of GAC Aion's battery swap models and cooperate in multiple fields such as battery swap model development, battery swap block development, production and circulation. CATL's "Chocolate Battery Swap Block" is specially developed for shared battery swapping and has the characteristics of high energy density and fast battery swapping.