JAKARTA - MG SAIC, a car brand from China, plans to build electric vehicles compatible with CATL's battery exchange station or Battery Swap.

Quoting from the Carnewschina page, Monday, January 13, this well-known brand that is also present in Indonesia has signed a strategic cooperation agreement with the world's largest battery producer, CATL.

The two companies will cooperate in battery exchange technology with SAIC in charge of the development and sale of electric cars with exchangeable batteries, while CATL will be responsible for the development of exchangeable batteries.

It is not explained in more detail when MG will build an electric car compatible with battery exchanges from CATL. However, the system can certainly benefit the owners so that it doesn't take long when charging the battery.

As is known, SAIC itself has actually launched a battery exchange network intended to compete with Nio. The battery exchange station is dedicated to the Rising-branded electric car. However, the cumulative Rising Auto sales volume from July 2021 to November 2024 is 67,146 units.

In fact, the company only operates 26 battery exchange stations by 2024. The initial target is to have at least 300 stations by 2023 and 3,000 stations by 2025.

On the other hand, CATL began developing its battery exchange network in 2022, launching its first-generation Choco-SEV (swapping Electric Blocks) battery. By the end of 2024, the world's largest battery manufacturer released a second-generation Choco-SEB. The battery presented has a capacity of 42 70 kWh, suitable for a distance of up to 600 km.

CATL itself is not a new face in the battery swap world, which has previously collaborated with various brands. Such as Changan, GAC, BAIC, and FAW.


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