ExpansionJul 15, 2026, 05:01 AM
Kandi Subsidiary Lin'an Plant Starts Battery Swap Production, 200 Stations/Yr
AI Summary
Kandi Technologies Group, Inc. announced that its wholly-owned subsidiary, China Battery Exchange, has commenced production at its new battery swap equipment manufacturing base in Lin'an. This facility is designed to support the scaled and standardized manufacturing of battery swap equipment for heavy-duty trucks, with an annual production capacity of up to 200 stations. The move strengthens Kandi's collaboration with industry leaders like CATL's QIJI Energy, aligning with China's policy support for new energy heavy-duty trucks and the expansion of battery swap infrastructure.
Key Highlights
- Kandi's subsidiary, China Battery Exchange, started production at its Lin'an manufacturing base.
- The Lin'an facility has an annual production capacity of up to 200 battery swap stations.
- Production supports a three-year strategic cooperation with CATL's QIJI Energy for heavy-duty trucks.
- CATL's QIJI Energy aims to complete approximately 900 heavy-truck battery swap stations by end of 2026.
- Proprietary intelligent battery swap equipment enables a full battery swap in as little as 90 seconds.
- Chinese authorities released a plan targeting 40% new energy heavy-duty truck penetration by 2030.
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