Kandi Technologies鈥� Subsidiary China Battery Exchange Signs Agreement with CATL to Become Battery Swap Station Equipment Supplier
Kandi Technologies (NASDAQ: KNDI) announced that its subsidiary China Battery Exchange has signed a Framework Procurement Contract with CATL (300750.SZ), becoming an official equipment supplier for CATL's battery swap ecosystem. The agreement positions China Battery Exchange to provide standardized battery swapping station equipment and comprehensive support solutions for CATL's "Ten Thousand Station Plan".
The partnership includes supplying main station structures, robotic arm systems, and temperature control modules. The first order focuses on heavy-truck battery swap stations, with initial delivery expected within three months. CATL aims to deploy 500 stations this year and over 10,000 stations across mainland China long-term. Kandi's system offers one-click swapping, 90-second battery replacement, automated billing, and real-time monitoring capabilities.
Kandi Technologies (NASDAQ: KNDI) ha comunicato che la sua controllata China Battery Exchange ha firmato un contratto quadro di fornitura con CATL (300750.SZ), diventando fornitore ufficiale di apparecchiature per l'ecosistema di scambio batterie di CATL. L'intesa permette a China Battery Exchange di fornire impianti standardizzati per le stazioni di scambio batterie e soluzioni di supporto complete per il piano 'Diecimila Stazioni' di CATL.
La collaborazione prevede la fornitura delle strutture principali delle stazioni, sistemi con bracci robotici e moduli per il controllo della temperatura. Il primo ordine riguarda stazioni di scambio per mezzi pesanti, con la consegna iniziale prevista entro tre mesi. CATL punta a installare 500 stazioni entro l'anno e, sul lungo periodo, oltre 10.000 stazioni nella Cina continentale. Il sistema di Kandi offre scambi con un clic, sostituzione della batteria in 90 secondi, fatturazione automatizzata e monitoraggio in tempo reale.
Kandi Technologies (NASDAQ: KNDI) anunci贸 que su filial China Battery Exchange firm贸 un contrato marco de adquisiciones con CATL (300750.SZ), convirti茅ndose en proveedor oficial de equipos para el ecosistema de intercambio de bater铆as de CATL. El acuerdo faculta a China Battery Exchange para suministrar equipos estandarizados para estaciones de intercambio de bater铆as y soluciones de apoyo integrales para el plan 'Diez Mil Estaciones' de CATL.
La colaboraci贸n incluye el suministro de las estructuras principales de las estaciones, sistemas de brazos rob贸ticos y m贸dulos de control de temperatura. El primer pedido se centra en estaciones de intercambio para camiones pesados, con la entrega inicial prevista en tres meses. CATL pretende desplegar 500 estaciones este a帽o y, a largo plazo, m谩s de 10.000 estaciones en la China continental. El sistema de Kandi ofrece intercambio con un clic, reemplazo de bater铆as en 90 segundos, facturaci贸n automatizada y monitorizaci贸n en tiempo real.
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鞚措矆 韺岉姼雱堨嫮鞚� 欤检殧 鞀ろ厡鞚挫厴 甑“氍�, 搿滊磭 鞎� 鞁滌姢韰�, 鞓弰 鞝滌柎 氇搱 霌膘潣 瓿店笁鞚� 韽暔頃╇媹雼�. 觳� 欤茧鞚� 雽�順� 韸鸽煭鞖� 氚绊劙毽� 甑愴櫂 鞀ろ厡鞚挫厴鞚� 雽�靸侅溂搿� 頃橂┌, 齑堦赴 雮╉拡鞚� 3臧滌洈 雮措 鞓堨爼霅橃柎 鞛堨姷雼堧嫟. CATL鞚� 鞓暣 500臧� 鞀ろ厡鞚挫厴鞚� 氚办箻頃橁碃 鞛リ赴鞝侅溂搿滊姅 欷戧淡 氤疙啝 鞝勳棴鞐� 1毵� 臧� 鞚挫儊鞚� 靹れ箻頃� 瓿勴殟鞛呺媹雼�. Kandi鞚� 鞁滌姢韰滌潃 鞗愴伌毽� 甑愴櫂, 90齑� 氚绊劙毽� 甑愳泊, 鞛愲彊 瓴办牅 氚� 鞁れ嫓臧� 氇媹韯半 旮半姤鞚� 鞝滉车頃╇媹雼�.
Kandi Technologies (NASDAQ: KNDI) a annonc茅 que sa filiale China Battery Exchange a sign茅 un contrat-cadre d'approvisionnement avec CATL (300750.SZ), devenant fournisseur officiel d'茅quipements pour l'茅cosyst猫me d'茅change de batteries de CATL. Cet accord permet 脿 China Battery Exchange de fournir des 茅quipements standardis茅s pour stations d'茅change de batteries et des solutions de support compl猫tes pour le plan 'Dix Mille Stations' de CATL.
Le partenariat comprend la fourniture des structures principales des stations, de syst猫mes de bras robotis茅s et de modules de r茅gulation thermique. La premi猫re commande porte sur des stations d'茅change pour poids lourds, avec une livraison initiale pr茅vue sous trois mois. CATL vise 脿 d茅ployer 500 stations cette ann茅e et, 脿 long terme, plus de 10 000 stations sur le continent chinois. Le syst猫me de Kandi propose un 茅change en un clic, un remplacement de batterie en 90 secondes, une facturation automatis茅e et une surveillance en temps r茅el.
Kandi Technologies (NASDAQ: KNDI) gab bekannt, dass seine Tochter China Battery Exchange einen Rahmenbeschaffungsvertrag mit CATL (300750.SZ) unterzeichnet hat und damit offizieller Ausr眉stungslieferant f眉r CATLs Batteriewechsel-脰kosystem wird. Die Vereinbarung erm枚glicht es China Battery Exchange, standardisierte Ausr眉stung f眉r Batteriewechsel-Stationen und umfassende Unterst眉tzungsl枚sungen f眉r CATLs 'Zehntausend-Stationen-Plan' bereitzustellen.
Die Partnerschaft umfasst die Lieferung von Hauptstationsstrukturen, Roboterarmsystemen und Temperaturkontrollmodulen. Die erste Bestellung betrifft Batteriewechselstationen f眉r schwere Lkw, mit erster Lieferung voraussichtlich innerhalb von drei Monaten. CATL plant, dieses Jahr 500 Stationen zu errichten und langfristig mehr als 10.000 Stationen auf dem chinesischen Festland. Kandis System bietet One-Click-Wechsel, 90-sek眉ndigen Batteriewechsel, automatisierte Abrechnung und Echtzeit眉berwachung.
- Strategic partnership with CATL, a global leader in new energy technologies
- Access to CATL's massive expansion plan of 500 stations this year and 10,000 long-term
- First order already secured for heavy-truck battery swap stations
- Advanced technological capabilities including 90-second battery swapping system
- Initial production limited to small batches
- Delivery timeline of three months may impact immediate revenue recognition
Insights
Kandi's subsidiary becomes equipment supplier for CATL's massive battery swap network, positioning for significant revenue growth.
This partnership marks a strategic win for Kandi Technologies, establishing its subsidiary as a key hardware provider for CATL's ambitious battery swapping infrastructure plans. The agreement positions China Battery Exchange to supply critical components including station structures, robotic arm systems, and temperature control modules for CATL's network expansion.
The scope of this opportunity is substantial. CATL plans to deploy 500 battery swapping stations this year alone, with a long-term target of over 10,000 stations across mainland China. This creates a clear revenue growth pathway for Kandi as orders scale from initial delivery to small-batch production.
The technical sophistication of Kandi's offering is noteworthy. Their intelligent battery swapping system features nine core modules with 90-second battery swapping capabilities, automated billing, and real-time monitoring 鈥� critical efficiency factors for widespread adoption.
What makes this partnership particularly valuable is the complementary relationship between a specialized equipment supplier (Kandi) and an ecosystem leader (CATL). This arrangement allows Kandi to leverage CATL's market position while contributing standardized hardware solutions that accelerate network deployment.
For Kandi Technologies, this agreement establishes a foothold in China's rapidly expanding battery swapping infrastructure sector, diversifying beyond their traditional EV manufacturing focus and potentially creating a more stable revenue stream tied to infrastructure development rather than just vehicle sales.
Jinhua, China, Aug. 12, 2025 (GLOBE NEWSWIRE) -- Kandi Technologies Group, Inc. (the 鈥淐ompany鈥� or 鈥淜andi Technologies鈥�) (NASDAQ GS: KNDI), long renowned as a leader in all-electric personal transportation and utility vehicles, today announced that its wholly-owned subsidiary, China Battery Exchange (Zhejiang) Technology Co., Ltd. (鈥淐hina Battery Exchange鈥�) has entered into a 鈥淔ramework Procurement Contract鈥� (the 鈥淎greement鈥�) with Contemporary Amperex Technology Co., Ltd. (鈥淐ATL鈥�) (300750.SZ), a global leader of new energy innovative technologies.
This partnership marks China Battery Exchange鈥檚 official entry into CATL鈥檚 battery swap ecosystem, providing critical hardware support for CATL鈥檚 鈥淭en Thousand Station Plan鈥� and deepening Kandi Technologies鈥� strategic footprint in the new energy infrastructure sector.
Pursuant to the terms of the Agreement, China Battery Exchange will provide standardized, high-performance battery swapping station equipment and comprehensive support solutions, including main station structures, advanced robotic arm systems, and precision battery compartment temperature control modules. With CATL鈥檚 target to deploy 500 battery swapping stations this year and a long-term objective of over 10,000 stations all over mainland China, China Battery Exchange is well-positioned to capitalize on the substantial demand of battery swapping equipment and support solutions generated by this network. The Company anticipates a significant surge in future equipment orders as a result. China Battery Exchange and CATL commenced coordination on the first order for heavy-truck battery swap stations: 聽the initial station is expected for delivery within three months, followed by a transition to small-batch production.
As a pioneering force in China鈥檚 electric vehicle (EV) battery swapping ecosystem, Kandi Technologies continues to expand its technological footprint and leadership in this rapidly evolving industry. The Company鈥檚 intelligent battery swapping system features nine core modules and offers key advantages, including one-click swapping, rapid 90-second battery swapping, automated billing, and real-time performance monitoring. Zhong Huan Electric, established in 2020, operates as a 鈥渃omprehensive battery swapping solution provider鈥� and delivers integrated 鈥渉ardware + software + operation鈥� solutions.
Mr. Feng Chen, CEO of Kandi Technologies, commented, 鈥淭his partnership between China Battery Exchange and CATL represents a quintessential example of the synergy between a dedicated equipment supplier and an ecosystem leader. We are providing more than just advanced hardware, as we are helping accelerate the rollout of battery swap networks with standardized, intelligent solutions. This collaboration is set to unlock significant growth opportunities for Kandi Technologies within the new energy infrastructure sector.鈥�
About Contemporary Amperex Technology Co., Ltd.
Contemporary Amperex Technology Co., Ltd. (Stock Code: 300750.SZ), established in 2011, is a global leader in the research and manufacturing of lithium-ion batteries. The company focuses on the research, production, and sales of power battery systems and energy storage systems for new energy vehicles, and is committed to providing world-class solutions for global new energy applications. Its core technologies include the entire industry chain research and manufacturing capabilities in the fields of power and energy storage batteries, materials, cells, battery systems, and battery recycling and reuse. In 2017, the company's power lithium battery shipments led the world, reaching 11.84 GWh. It has established cooperative relationships with many mainstream domestic automobile companies and has successfully occupied steady market share in the global market, as one of the first domestic lithium-ion power battery manufacturers to enter the supply chain of top international automobile companies.
About Kandi Technologies Group, Inc.
Kandi Technologies Group, Inc. (NASDAQ GS: KNDI) is a leader in the research, development, and manufacturing of all-electric personal transportation and utility vehicles. Headquartered in Jinhua, China, the Company鈥檚 primary focus is on off-road mobility solutions, with a strategic emphasis for the North American market, while actively pursuing opportunities in other related emerging high-tech areas. Through its subsidiaries, Kandi Technologies leverages its robust manufacturing capabilities and technological expertise to deliver innovative products for a wide range of commercial and consumer applications.
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For investor and media inquiries, please contact:
Kandi Technologies Group, Inc.
Kewa Luo
Tel: +1 (212) 551-3610
Email:
Piacente Financial Communications
Brandi Piacente
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Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
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FAQ
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