CATL and SAIC Commercial Vehicle have deepened their strategic cooperation to build a smart battery swapping ecosystem and a green logistics system

CATL (03750.HK) and SAIC Commercial Vehicle officially announced a deep strategic cooperation at the 21st Guangzhou International Auto Show. The two parties will comprehensively deepen cooperation in the fields of new energy and intelligence for commercial vehicles around three major directions: "joint technology research, ecological co-construction, and global advancement," jointly building an integrated smart battery swapping ecosystem and green logistics system of "vehicle, electricity, station, and cloud," promoting the acceleration of commercial scenarios such as logistics transportation and urban distribution towards a green, efficient, and zero-carbon new era