Group 1 - Kandi Technologies has entered into a three-year strategic partnership with CATL's battery swapping company to jointly promote the mass production of heavy-duty truck battery swapping stations [1] - The collaboration will involve Kandi's wholly-owned subsidiary, Zhonghuan Electric (Zhejiang) Technology Co., Ltd., working closely with CATL's subsidiary, Times Qiji Green Energy Technology (Shenzhen) Co., Ltd., covering the entire supply chain from production and delivery to operational debugging and after-sales maintenance [1] - CATL has proposed the "Ten Thousand Stations Plan," aiming to establish a standardized battery swapping service network across the country, with plans to build 900 battery swapping stations for heavy-duty truck chassis solutions by 2026 [1]

Core Viewpoint - Kandi Technologies (KNDI.US) has entered into a three-year strategic partnership with CATL's battery swapping company to jointly promote the mass production of heavy-duty truck battery swapping stations [1] Group 1: Partnership Details - Kandi's wholly-owned subsidiary, Zhonghuan Electric (Zhejiang) Technology Co., Ltd., will collaborate closely with CATL's subsidiary, Times Kijiji Green Energy Technology (Shenzhen) Co., Ltd. [1] - The cooperation will cover the entire supply chain, including production manufacturing, delivery, debugging operations, and after-sales maintenance [1] Group 2: Strategic Plans - CATL has proposed the "Ten Thousand Station Plan," which aims to establish a standardized battery swapping service network across the country [1] - The heavy-duty truck battery swapping solution is planned to have 900 battery swapping stations completed by 2026 [1]