CATL Is Betting On Battery Swapping Overseas And Sodium-Ion Batteries

CATL and Octopus launched Swaptopus, a 50-50 joint venture to build Europe's first large-scale battery swapping network for electric trucks. The system uses CATL's Qiji system to swap 513 kWh battery packs in under five minutes on a Battery-as-a-Service model. CATL also introduced sodium-ion batteries under the Naxtra brand, offering enhanced safety and better low-temperature performance.