Chery Auto and CATL Signed Agreement to Develop Battery Swapping-Compatible Batteries
On April 25, Chery Automobile Co., Ltd., Contemporary Amperex Technology Co., Limited, Chery Green Energy Eco-Technology Co., Ltd., and CAES Technology Co., Ltd. signed a strategic cooperation agreement in Beijing. Under the agreement, Chery Auto will develop car models compatible with battery swapping batteries and battery swapping networks, while CATL and CAES will be responsible for the development, iteration, and supply assurance of battery swapping batteries, and Chery Green Energy will provide supporting full-scenario green energy solutions.