CATL And Fuzhou Public Transport Group Sign Agreement

Published: Mar 12, 2026 15:36
On March 11, 2026, Fuzhou Public Transport Group, the largest public transportation operator in Fujian Province by scale, signed a strategic cooperation framework agreement with CATL in Ningde, Fujian. The two parties will join hands to explore new development paths for the second half of the public transport electrification journey. This cooperation will focus on four core areas: bus battery aftermarket services, urban battery swap network construction, battery recycling and utilization, and vehicle-to-grid (V2G) technology. Addressing the challenges of charging efficiency and battery life following the large-scale deployment of electric buses will be a key focus of the collaboration between the two parties.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn
For more information on how to access our research reports, please contact:service.en@smm.cn