The battery swapping mode has been recognized, and multi-player competition has pushed the industry to explode.

 1. The current battery swap model is gradually being recognized, especially in the commercial vehicle field, where the economy is prominent. The battery swap industry has entered the market, including auto manufacturers represented by NIO and Geely, and power battery manufacturers represented by CATL , energy suppliers represented by State Grid and power exchange operators represented by Aodong New Energy.

 2. The cooperation between SAIC Group and traditional energy companies and power battery factories to deploy battery swap business can take advantage of the channel advantages of PetroChina and Sinopec to realize the coordinated layout of gas stations and battery swap stations. It is also beneficial to cooperate with battery factories such as Ningde Times to promote battery swap. The unification of industry standards accelerates the ecological construction of battery swapping.

 In the early stage of the outbreak of the power exchange industry, head equipment manufacturers benefited first. In the future, the low-base power exchange industry has high growth potential. We predict that the number of power exchange stations will exceed 16,000 in 2025, corresponding to an investment of nearly 40 billion yuan in new equipment.