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How much electricity can a battery swap station store?

The company estimates that 30,000 battery swap stations, each with 14-30 battery packs, can store a total of 33.6 million kWh of electricity. Combined with the 1.12 billion kWh of electricity stored by 20 million EVs served by the 30,000 battery swap stations, these distributed energy storages can respond to grid demands at any time.

Can EV drivers swap batteries?

Chinese battery manufacturer CATL is launching a new scheme to standardise the swapping of batteries for electric vehicles (EVs) with 30,000 ‘swap stations’. Battery swapping makes complete sense for EV drivers.

How many battery swap stations will China need in EV era?

The long-term goal is to build 10,000 stations before reaching 30,000. Jun explained that given the existence of 100,000 gas stations in China now and assuming a one-third market share for battery swapping, 30,000 battery swap stations will be needed in the EV era.

Does CATL sell EV batteries?

Nio is already one of CATL’s largest EV battery customers, though it has existing supply agreements from other battery makers such as BYD. Nio’s importance to this new partnership is its battery swap technology, which it operates as part of a Battery as a Service (BaaS) program for its cars.

How many battery swap stations are there in China?

At the time of writing, that number has continued to grow, and sits close to 69 million swaps in China alone. Nio has also began expanding its battery swap stations into Europe. CATL also launched its own battery swap network late last year, with a goal to build 1,000 battery swap stations in 2025 and expand into Hong Kong and Macau.

Will a battery-swapping standard improve car development costs?

According to Yang Jun, CEO of CATL’s battery-swapping arm CAES, this standardisation is expected to significantly reduce the development costs of battery-swappable vehicles, shorten new vehicle development cycles by more than six months, and break the ‘quality, performance and cost’ trilemma.