CATL rolls out one-minute EV battery swapping solution, entire business around it

CATL Evogo battery swappingBattery swapping, once considered a solution that had been outmoded by the capability for faster road-trip charging, is back—with the world’s largest battery supplier CATL onboard and launching an entire business around it. That business, called Evogo, makes a lot of sense right now that the longtime reduction in battery cell cost has...