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On July 20, Zhonghuandian (Zhejiang) Technology Co., Ltd., a fully-owned subsidiary of Kandi Technologies, successfully secured a contract from CATL's 'Qiji Battery Swap' division. The contract entails the supply of equipment for 18 heavy-duty truck battery swap stations. Zhonghuandian will be tasked with the manufacturing, delivery, installation, as well as after-sales operation and maintenance of the equipment. This order signifies the initial batch procurement subsequent to the signing of a three-year strategic cooperation agreement between the two entities, heralding the commencement of their mass production phase. Looking ahead, Zhonghuandian is poised to contribute to the construction of CATL's heavy-duty truck battery swap network, thereby fostering the extensive development of battery swap infrastructure.
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