CATL accelerates battery swap push with Guangzhou transit deal

  • CATL signed an agreement with Guangzhou Public Transport Group to jointly plan a taxi battery swap network in Guangzhou.
  • The partnership aligns with CATL's broader expansion goal to operate over 3,000 passenger car battery swap stations in 2026.
CATL accelerates battery swap push with Guangzhou transit deal
(Image credit: CATL)

Chinese battery giant CATL signed a strategic cooperation framework agreement with Guangzhou Public Transport Group to jointly plan a taxi battery swap network in the city.

The two companies signed the pact in Ningde, Fujian province — CATL's headquarter city, and will carry out in-depth cooperation in battery supply and maintenance, recycling, and battery swap networks, according to a statement on Thursday.

The two companies will also explore emerging sectors such as electric vessels, vehicle-to-grid (V2G), and the low-altitude economy, aiming to provide diversified power replenishment solutions for urban residents.

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CATL's statement did not mention further details regarding their planning for the battery swap network construction. The two parties have previously collaborated to build six battery swap stations.

CATL accelerates battery swap push with Guangzhou transit deal

Since 2025, CATL has provided power systems for 1,500 electric transit buses of the transport group, which includes 424 hydrogen fuel cell buses.

The latest agreement highlights CATL's gradual push into the battery swap business in recent years, with the company's CEO Robin Zeng expressing optimism about the market's prospects.

He previously said publicly that by 2030, battery swapping, home charging, and public charging will each meet one-third of the power replenishment needs of EV owners.

CATL completed its 1,000th passenger car battery swap station in Nanchang, Jiangxi, in December 2025, and the company plans to build a cumulative total of over 3,000 stations in 2026, with a long-term goal of constructing 30,000 stations.

In the commercial vehicle sector, CATL's Qiji Energy plans to build a cumulative 900 battery swap stations in 2026, following its recent partnership with STO Express in truck electrification.

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Apr 8, 2026
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