China is rapidly expanding its battery-swapping infrastructure for electric heavy trucks to address range anxiety and operational downtime. Last year, the country accounted for over 90% of global electric truck sales, with more than 400,000 units sold. Backed by industry giant CATL through its subsidiary brand Qiji Energy, the automated swapping process replaces a depleted lorry battery with a fully charged one in about five minutes, significantly cutting down on the hour and a half previously needed for plug-in c…
Key points
Battery subscription models significantly lower initial vehicle costs by removing the pac…: Battery subscription models significantly lower initial vehicle costs by removing the pack expense, which makes up 40% of the total price.
Electric trucks yield significant operational savings over diesel vehicles, with Hainan i…: Electric trucks yield significant operational savings over diesel vehicles, with Hainan island operations costing about 1.1 yuan per kilometre versus over 2 yuan.
CATL is partnering with London-based Octopus to launch initial UK swapping hubs next year…: CATL is partnering with London-based Octopus to launch initial UK swapping hubs next year and over 30 European locations by 2035.
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Every day, Wang Bing drives his big electric lorry to send about five tonnes of goods between the cities of Haikou and Dongfang on Hainan, a tropical island in southern China. A round trip covers about 500 kilometres (310 miles). But refuelling is not something Wang worries about.
“When my battery runs low, I just drive my truck into a battery-swapping station to get a fully charged one,” says the 53-year-old, who shares the journey with a colleague in eight-hour shifts.
Wang has been a lorry driver for nearly three decades. In the first two of those, he drove conventional lorries fuelled by diesel. About five years ago, he began driving an electric model after the logistics company he worked for upgraded its fleet. In July this year, his old e-truck, which used conventional plug-in charging, was replaced by one with a swappable battery.
In the past, Wang had to spend an hour and half charging his battery each time, but with his new truck, it takes just five minutes or so to have a drained battery removed and a…
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