CATL, Octopus Energy to Launch U.K. Truck Battery-Swapping Network
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Contemporary Amperex Technology Co. Ltd. (CATL) is teaming up with British utility Octopus Energy to build a battery-swapping network for heavy-duty trucks in Europe, the Chinese battery maker said Monday.
The venture marks CATL’s first international deployment of battery-swapping technology and comes as the U.K. accelerates efforts to phase out fossil-fuel commercial vehicles.
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