Kandi Technologies Partners with CATL for Battery Swap Ecosystem Entry.

Kandi Technologies, a Chinese electric vehicle company, has entered into a partnership with Contemporary Amperex Technology (CATL), a global leader in new energy technologies. The partnership will enable China Battery Exchange, Kandi's subsidiary, to provide battery swapping station equipment and support solutions for CATL's "Ten Thousand Station Plan." This marks Kandi's official entry into CATL's battery swap ecosystem and deepens its strategic footprint in the new energy infrastructure sector.

Kandi Technologies Group, Inc. (NASDAQ: KNDI), a leading manufacturer of electric vehicles, has announced a significant partnership with Contemporary Amperex Technology Co., Ltd. (CATL) (300750.SZ), a global leader in new energy technologies. The agreement, signed on August 12, 2025, positions China Battery Exchange, Kandi's subsidiary, as a key equipment supplier for CATL's ambitious "Ten Thousand Station Plan" [1].

Under the terms of the Framework Procurement Contract, China Battery Exchange will provide standardized, high-performance battery swapping station equipment and comprehensive support solutions. These solutions include main station structures, advanced robotic arm systems, and precision battery compartment temperature control modules. The initial order focuses on heavy-truck battery swap stations, with the first station expected for delivery within three months [1].

The partnership marks China Battery Exchange's official entry into CATL's battery swap ecosystem, providing critical hardware support for CATL's long-term objective of deploying over 10,000 battery swapping stations across mainland China. This collaboration is set to accelerate the rollout of CATL's battery swap network, with a target of deploying 500 stations this year [1].

Kandi's intelligent battery swapping system features nine core modules, offering key advantages such as one-click swapping, rapid 90-second battery swapping, automated billing, and real-time performance monitoring. These capabilities are crucial for the widespread adoption of battery swapping technology in China's rapidly evolving electric vehicle ecosystem [2].

For Kandi Technologies, this partnership establishes a strategic foothold in China's new energy infrastructure sector. By diversifying beyond its traditional focus on electric vehicle manufacturing, Kandi is creating a more stable revenue stream tied to infrastructure development. This agreement positions China Battery Exchange to supply critical components for CATL's network expansion, setting the stage for significant revenue growth as orders scale from initial delivery to small-batch production [2].

The partnership between Kandi Technologies and CATL exemplifies the synergy between a dedicated equipment supplier and an ecosystem leader. This arrangement allows Kandi to leverage CATL's market position while contributing standardized hardware solutions that accelerate network deployment. As CATL continues to expand its battery swap network, Kandi's role as a key hardware provider is set to grow, creating substantial opportunities for both companies [1].

References:

[1] https://www.globenewswire.com/news-release/2025/08/12/3131709/0/en/Kandi-Technologies-Subsidiary-China-Battery-Exchange-Signs-Agreement-with-CATL-to-Become-Battery-Swap-Station-Equipment-Supplier.html

[2] https://www.stocktitan.net/news/KNDI/kandi-technologies-subsidiary-china-battery-exchange-signs-agreement-dmu2kvheqt0d.html