CATL(SZ:300750) Xin Lang Cai Jing·2025-11-12 09:00Core Viewpoint - The 2025 World Power Battery Conference emphasizes the need for innovation in the energy transition, as highlighted by CATL's chairman, Zeng Yuqun, who suggests exploring new growth spaces through four dimensions [1] Group 1: Innovation and Business Model - Zeng Yuqun advocates for model innovation to unlock new value in energy services, indicating a shift from traditional battery sales to a service-oriented approach [1] - CATL is promoting a "battery swapping" model, transforming batteries from products into services, which is expected to enhance user experience and operational efficiency [1] Group 2: Expansion and Infrastructure - The "Chocolate Battery Swapping Alliance" established by CATL has expanded to cover 45 cities in China, with plans to build 1,000 battery swapping stations by the end of the year and a target of 30,000 globally in the future [1] - The collaboration with JD.com and GAC on the "National Good Car" leverages the Chocolate Battery Swapping System, showcasing the integration of advanced battery technology into new vehicle offerings [1] Group 3: Technological Advancements - The new vehicle introduced by CATL features a high-temperature resistant battery that eliminates the need for water cooling, resulting in longer lifespan and enhanced safety [1] - The battery swapping system is designed to be compatible with solid-state batteries, ensuring users have access to cutting-edge technology [1]