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SAIC Motor steps up efforts in power-swap EV biz and network deployment

May 06, 2022


Abstract : China's major carmaker SAIC Motor Corporation Limited is speeding up the development of mobile battery business model as well as the deployment of battery charging and battery swap networks.

SAIC.JPG

A worker works at the assembly workshop of automaker SAIC Motor Company's Lingang base in Shanghai, east China, April 23, 2022. (Xinhua/Chen Jianli)

BEIJING, May 6 (Xinhua) -- China's major carmaker SAIC Motor Corporation Limited (600104.SH) said on Thursday that the company is speeding up the development of mobile battery business model as well as the deployment of battery charging and battery swap networks.

The company noted that its passenger vehicle branch had launched battery-swap featured ROEWE Ei5 model targeting the taxi market back in April of 2021, and has now achieved batch-bulk delivery. The battery swap model stands out in terms of fast energy-replenishment thus improve the taxi capacity, the company said.

The company expects to launch power-swap EV models at larger scale, it noted.

SAIC Motor is open to partnerships in terms of battery charging and battery swap network development, it said. (Edited by Zhong Xinpei, Niu Huizhe with Xinhua Silk Road, niuhuizhe@xinhua.org)

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Keyword: SAIC Motor

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