01-01-1970 12:00 AM | Source: IANS
China`s Geely to set up 5,000 battery swapping stations by 2025
BEIJING - China's Geely aims to set up 5,000 battery swapping stations for electric vehicles (EV) globally by 2025, as sales grow in the world's biggest vehicle market, the automaker said in a statement on Sunday.
A battery swapping station allows drivers to change car batteries to power the rides. Chinese automaker Nio Inc plans to have 4,000 battery swapping stations globally by 2025.
China is promoting EV-related infrastructure facilities, including charging stations and battery swapping stations.
Latest News
Hold Grasim Industries Ltd For Target Rs. 2,777 By C...
Buy Bharat Dynamics Ltd For Target Rs. 1445 By Choic...
Sagarmanthan maritime meet kicks off in Delhi on Monday
Indian economy capable of handling global shocks: RB...
India has become a market that you can`t ignore: Glo...
Market Outlook By Dr. Vikas Gupta, CEO and Chief Inv...
Goods traffic doubles on the new railway freight cor...
Tata seals deal with Pegatron for iPhone plant in In...
Tomato prices drop 22.5 pc as flow of fresh crop pic...
India clocks 12 pc rise in deal volume in Jan-Oct, C...