Despite better infrastructure and faster charges, two companies at the leading edge of Chinese EV tech see battery swapping as a big piece of the future.

China’s largest electric vehicle (EV) battery manufacturer Contemporary Amperex Technology Company Limited (CATL) announced this week it has signed an agreement with Nio Inc to collaborate in the development of the world’s largest EV battery swapping network.

China’s electric vehicle (EV) industry is evolving at a breakneck pace. Battery swapping is emerging as a game-changing solution to charging challenges. Leading the charge is NIO Inc. NIO, which has taken another bold step forward by partnering with Contemporary Amperex Technology Co (“CATL”),