https://archive.is/WIXvC
"CATL, the world’s largest maker of electric vehicle batteries, plans to bring
its battery-swapping and recycling technology to Europe, amid a global battle
to secure more sustainable EV supply chains.
In an interview with the
Financial Times, Jiang Li, the Chinese group’s board
secretary, said battery swapping — in which EV drivers exchange depleted cells
for fully charged ones — had “huge potential” in Europe to make batteries
cheaper and longer-lasting.
Battery swapping, technology pioneered by Chinese electric-car maker Nio, takes
minutes and lowers the upfront cost of buying an electric car, as drivers do
not own their own batteries — the most expensive components of an EV. It also
enables the cells to be used for longer.
Battery swapping had been slow to expand outside of China due to the high cost
of building the service stations required. But it is gaining traction amid
growing concerns about battery supply chains on the back of rising geopolitical
tensions and growth in EV sales.
Other companies have already started to introduce battery swapping to Europe.
Nio operates 60 power swap stations in Germany, the Netherlands, Norway, Sweden
and Denmark. Stellantis recently brought battery swapping to its fleet of Fiat
500 electric vehicles in Spain via its Free2move car-sharing service.
But CATL, which added a Hong Kong listing in May, has plans on a larger scale.
It is hoping to build 1,000 battery-swap stations by the end of this year in
China and 10,000 stations in three years.
“Then we can copy the business model in Europe and other regions,” Li said
during an event in London, adding the group had already discussed using
swapping technology on the continent with carmakers."
From
https://www.ft.com/content/85803bc3-5a50-4664-b69d-141b7f0fdeaa
Via
What Could Go Right?
https://theprogressnetwork.org/child-labor-decrease/
Share and enjoy,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
