CATL and Guangzhou Public Transport Group Sign Strategic Partnership to Advance Taxi Battery-Swap Networks and Multi-Sector Electrification

Contemporary Amperex Technology Co., Limited (CATL) and Guangzhou Public Transport Group signed a strategic cooperation framework agreement on April 9 in Ningde, Fujian Province. The two parties will collaborate in areas including battery supply and maintenance, recycling, battery swap networks, vehicle-to-grid (V2G) integration, electric vessels, and the low-altitude economy. CATL will continue providing Guangzhou Public Transport with high-safety, long-life battery products and jointly establish a closed-loop management system covering the entire battery lifecycle—from deployment in vehicles to end-of-life retirement. The partners will jointly plan Guangzhou’s taxi battery-swap network, offer diversified energy replenishment solutions, and expand into emerging applications such as electric vessels and the low-altitude economy. Since 2025, CATL has delivered 1,500 fully electric buses (including 424 hydrogen fuel cell buses) to Guangzhou Public Transport Group, supplied power systems for three all-electric vessels, and co-built six battery swap stations. Following full electrification, Guangzhou’s public transport system has cut energy consumption by 50% and cumulatively reduced carbon emissions by over 1 million tons. Additionally, CATL is accelerating its expansion into battery swapping. Its “Choco Swap” initiative plans to build more than 3,000 swap stations across over 140 cities by 2026, launch a highway battery-swap network, and ultimately reach a long-term target of 30,000 stations while opening the network to franchise partners. Meanwhile, CATL’s other swap brand, “Qiji Swap,” aims to construct 900 stations by 2026, expanding its trunk-line network to a “Five East-West Corridors and Five North-South Corridors” layout, with the goal of establishing an “Eight East-West and Ten North-South” green energy replenishment network covering 80% of China’s major freight corridors by 2030.