Dongfeng Peugeot-Citroen Automobile Become Second Automaker to Agree to Develop an EV that Will use CATL Battery Swap Brand Evogo

Dongfeng Peugeot-Citroen Automobile develop into second automaker to agree to create an EV that will use CATL battery swap brand name Evogo.

Dongfeng Peugeot-Citroen Automobile, a Chinese-French joint enterprise, has develop into the next automaker to concur to produce an electrical vehicle that will use Contemporary Amperex Technology’s battery swap brand Evogo, the battery giant mentioned.

The new EV will be geared up with CATL’s ternary lithium battery and have a assortment of 410 kilometers, Ningde-based mostly CATL said, citing the offer signed with its battery swapping unit Electrical Company Know-how and Dongfeng Peugeot-Citroen. It will focus on the city taxi and experience-hailing marketplaces.

Battery swapping enables EV homeowners to speedily improve a depleted electricity pack for a thoroughly charged one at a swapping station, saving time and dollars, as a substantial aspect of an EV’s price tag is its battery.

Based on the Dongfeng Fukang ES600, a sedan designed by the Wuhan-centered JV, the hottest EV to embrace Evogo will be capable transform batteries in just three minutes. It is going through assessments at the minute and is scheduled to start subsequent month, a source at CATL instructed Yicai International.

CATL introduced Evogo in January, following the start off of swapping services by new electricity motor vehicle startup Nio, significant utility State Power Financial investment Corporation, and energy project developer GCL Strength Know-how. Evogo’s very first partner was FAW Group device Bestune. In the beginning trialed in 10 Chinese cities, it is anticipated to have 30 swapping stations by 12 months-finish. 

It is less complicated to set unified standards for battery packs made use of in journey-hailing vehicles, so advertising battery swapping in this discipline will be much easier than in the private car current market, according to Tong Zongqi, director of the info division at the China Electric Car or truck Charging Infrastructure Promotion Alliance. 

Battery swapping is wanted in the car-hailing and taxi marketplaces, an business insider told Yicai Worldwide, as many motor vehicles run for 24 hours straight with motorists using shifts. Battery swapping saves a lot time, he included.

Dongfeng Peugeot-Citroen has marketed 100,600 cars so significantly this calendar year, surpassing last year’s full, according to facts it released before this thirty day period. The automaker has noted 23 straight months of yr-on-calendar year growth since a new management team took above in 2020, when the joint enterprise was battling.

CATL Announces Next Auto Companion for Its Battery Swap Brand Evogo, Yicai Global, October 26, 2022