CATL(SZ:300750) Zheng Quan Shi Bao Wang·2024-12-18 11:22Core Viewpoint - CATL is set to launch a new generation of "Chocolate Battery Swap" solutions, emphasizing the importance of battery swapping as a key driver for sustainable development in the automotive industry [1] Group 1: Battery Swapping Solutions - The new "Chocolate Battery Swap" solution will be introduced, with a focus on standardizing battery sizes to enhance user experience [1] - CATL aims to have battery swapping, home charging, and public charging stations equally share the market by 2030 [1] - The company will implement all new battery technologies in its Chocolate Battery Swap models [1] Group 2: Battery Specifications and Performance - The 20号 battery is designed for A0-level products with a capacity of 42 kWh for lithium iron phosphate (LFP) and 52 kWh for ternary batteries, offering ranges of 400 km and 500 km respectively [2] - The 25号 battery is suitable for A and B-level vehicles, with a capacity of 56 kWh for LFP and 70 kWh for ternary batteries, providing ranges of 500 km and 600 km respectively [2] - Each battery swap block will offer both LFP and ternary versions to meet consumer mileage needs [2] Group 3: Infrastructure and Market Expansion - CATL plans to build 1,000 battery swap stations next year, with a long-term goal of establishing 30,000 stations [2] - The company has announced partnerships with several automakers, including Changan, GAC, BAIC, Wuling, and FAW, to launch ten battery swap models starting from the end of this year [2] - New models will be introduced quarterly to the market [2] Group 4: Pricing Strategy - The pricing for the 20号 battery swap block is set at 369 RMB/month for the family package and 469 RMB/month for the travel package [2] - The 25号 battery swap block will be priced at 499 RMB/month for the family package and 599 RMB/month for the travel package [2] Group 5: Ecosystem Development - CATL has initiated the "Chocolate Battery Swap Ecosystem" in collaboration with numerous enterprises to foster a comprehensive battery swapping ecosystem [3]