China's Geely to set up 5,000 battery swapping stations by 2025

China's Geely starts making commercial satellites
China's Geely starts making commercial satellites   -   Copyright  Thomson Reuters 2021   -  
By Reuters

<div> <p><span class="caps">BEIJING</span> – China’s Geely aims to set up 5,000 battery swapping stations for electric vehicles (EV) globally by 2025, as sales grow in the world’s biggest vehicle market, the automaker said in a statement on Sunday.</p> <p>A battery swapping station allows drivers to change car batteries to power the rides. Chinese automaker Nio Inc plans to have 4,000 battery swapping stations globally by 2025.</p> <p>China is promoting EV-related infrastructure facilities, including charging stations and battery swapping stations.</p> <p/> </div>