CATL and Octopus Form Joint Venture to Develop Battery Swapping Network for Electric Trucks in Europe

Published: Jun 23, 2026 16:23
CATL and UK-based energy technology company Octopus Energy have established a joint venture named Swaptopus to develop a battery-swapping network for electric trucks across Europe. The first battery-swapping hubs in the UK are expected to begin operations in 2027, with plans to build more than 30 hubs across Europe by 2035. The partnership combines CATL's battery-swapping technology with Octopus Energy's energy management and trading capabilities to support the electrification of road freight.

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