[Will CATL's Increased Investment in Battery Swapping for Heavy-Duty Trucks Lead to a Turnaround?] On May 18, Contemporary Amperex Technology Co., Limited (CATL) unveiled a new generation of battery swapping ecosystem for heavy-duty trucks, centered around the "75# Heavy-Duty Truck Standard Battery Swapping Block." This initiative aims to enhance the operational efficiency of electric heavy-duty trucks in trunk logistics scenarios, seeking to expand its market share in the rapidly growing new energy commercial vehicle market. CATL's latest battery swapping system enables heavy-duty trucks to complete battery replacement within 5 minutes, with plans to further reduce the swapping time to less than 3 minutes in the future. According to its plans, CATL's long-term goal is to establish a nationwide "Eight Vertical and Ten Horizontal" battery swapping network covering approximately 150,000 kilometers of major expressways and provincial highways by 2030. This network is expected to serve approximately 80% of the heavy-duty truck transportation capacity nationwide.