From power to profit: CATL turns EV batteries into financial assets...

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2024-12-24 11:51:26

From power to profit: CATL turns EV batteries into financial assets with “Choco-Swap”

CATL’s “Choco-Swap” system reimagines EV batteries as assets, shaping a new business paradigm that maximizes utility and profitability. The value of a power battery goes far beyond its price tag. At a “Choco-Swap” station in Xiamen, Fujian, a power battery is experiencing its third ownership transfer—yet it remains in excellent condition. This is thanks to...

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