Chery Automobile has signed a contract with Ningde Times to develop models adapted for swappable batteries and swap networks.

On April 25, Chery Automobile Co., Ltd., Contemporary Amperex Technology Co., Ltd., Chery Green Energy Technology Co., Ltd., and Era Electric Technology Co., Ltd. signed a strategic cooperation agreement in Beijing. According to the agreement, Chery Automobile will develop models compatible with swappable batteries and swapping networks, Ningde Times and Era Electric will be responsible for the development, iteration, and supply guarantee of swappable batteries, and Chery Green Energy will provide complete green energy solutions for all scenarios.