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23 Sep
07:21

SAIC, CATL collaborate in battery swapping

Chinese leading automaker SAIC and battery giant CATL have recently officially established a company named Shanghai "Jieneng" Smart Electricity New Energy Technology. This joint venture will be focusing on electricity charging, battery swapping, and electricity generation through photovoltaic energy.  The registered capital of this joint venture is CNY 4 billion ($50.96 million). Besides SAIC and CATL, other partners and shareholders in this joint v…
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