Key Takeaways:
- Kandi Technologies Group, Inc. has entered into a three-year strategic cooperation agreement with Times Qiji Green Energy Technology (Shenzhen) Co., Ltd. to implement mass-production projects for heavy-truck battery swap stations.
- The agreement aims to promote the efficient, large-scale implementation of battery swap infrastructure and support the construction of a new energy transportation ecosystem.
- China Battery Exchange, a subsidiary of Kandi Technologies, will serve as a strategic supplier to Qiji Energy and provide integrated delivery and after-sales services.
- The cooperation is expected to strengthen Kandi Technologies’ comprehensive service capabilities in new energy infrastructure and support the continued expansion and commercialization of its battery swapping initiatives.
- The partnership is part of CATL’s "Ten Thousand Station Plan," which aims to deploy approximately 900 battery swap stations by 2026.
Introduction to the Partnership
Kandi Technologies Group, Inc. has announced a significant partnership with Times Qiji Green Energy Technology (Shenzhen) Co., Ltd., a subsidiary of Contemporary Amperex Technology Co., Ltd. (CATL), a global leader in new energy innovative technologies. The three-year strategic cooperation agreement aims to implement mass-production projects for heavy-truck battery swap stations, as well as provide related after-sales services and ongoing operations and maintenance support. This partnership marks a significant milestone in the development of Kandi Technologies’ battery swapping business and is expected to drive the growth of the company’s new energy infrastructure services.
Details of the Agreement
Pursuant to the agreement, China Battery Exchange, a wholly-owned subsidiary of Kandi Technologies, will serve as a strategic supplier to Qiji Energy. China Battery Exchange will be responsible for the solution layout, equipment selection, and manufacturing of mechanical and control systems for heavy-truck battery swap stations. Additionally, the company will provide integrated delivery and after-sales services throughout the equipment warranty period, including spare parts support, maintenance, servicing, training, trial operations, and other end-to-end delivery and support services. This cooperation further validates China Battery Exchange’s technical strength and mass-production assurance capabilities, while marking Kandi Technologies’ deeper integration into CATL’s battery swapping ecosystem.
Supporting CATL’s "Ten Thousand Station Plan"
The partnership is part of CATL’s "Ten Thousand Station Plan," which aims to deploy approximately 900 battery swap stations by 2026. Qiji Energy is actively advancing the standardized and scalable deployment of the "Qiji Battery Swap" network, and China Battery Exchange is well-positioned to support this plan. By combining CATL’s leading advantages in brand recognition, battery technology, network reach, and station management platforms with China Battery Exchange’s expertise in R&D and manufacturing of battery swap equipment, the two parties are able to share resources and complement advantages to jointly promote the efficient, large-scale implementation of battery swap infrastructure.
CEO’s Statement
Mr. Feng Chen, CEO of Kandi Technologies, commented on the partnership, stating that it represents another important milestone in the development of the company’s battery swapping business. He emphasized that China Battery Exchange has been focusing on innovation and practical application of battery swapping models for pure electric vehicles, dedicated to delivering comprehensive intelligent battery swap solutions on a unified platform that supports multiple brands and vehicle models. The CEO believes that the battery swapping model possesses long-term potential in improving charging efficiency, enhancing user experience, and supporting the construction of a new energy transportation ecosystem.
Company Background and Future Prospects
Kandi Technologies Group, Inc. is a leader in the research, development, and manufacturing of all-electric personal transportation and utility vehicles. The company is headquartered in Jinhua, China, and has a primary focus on off-road mobility solutions, with a strategic emphasis for the North American market. Through its subsidiaries, Kandi Technologies leverages its robust manufacturing capabilities and technological expertise to deliver innovative products for a wide range of commercial and consumer applications. The company is actively pursuing opportunities in other related emerging high-tech areas and is committed to delivering sustainable and environmentally friendly solutions.
Conclusion and Future Outlook
In conclusion, the partnership between Kandi Technologies and Qiji Energy marks a significant step forward in the development of battery swap infrastructure and the construction of a new energy transportation ecosystem. The agreement is expected to strengthen Kandi Technologies’ comprehensive service capabilities in new energy infrastructure and support the continued expansion and commercialization of its battery swapping initiatives. As the company continues to innovate and invest in emerging technologies, it is well-positioned for long-term growth and success in the new energy value chain. With its strong partnership with CATL and its commitment to delivering sustainable solutions, Kandi Technologies is poised to play a leading role in the development of the new energy transportation ecosystem.
