CATL establishes a new company in Qingdao for the operation of new energy vehicle battery swapping services.

According to the app, recently, Xihai Coast Era Qiji New Energy Technology Co., Ltd. was established, with Li Junliang as its legal representative. Its business scope includes research and development of new energy technologies, sales of new energy vehicle battery swapping facilities, research and development of online energy metering technologies, and sales of complete vehicles of new energy vehicles. According to the equity penetration displayed by , the company is fully owned by Era Qiji New Energy Technology Co., Ltd., a subsidiary of Ningde era.