SAIC, CATL, oil giants form JV for swappable batteries

(BLOOMBERG)

By:

Reuters

September 22, 2022 01:38 PM

China's top oil and gas producer PetroChina has joined leading auto group SAIC Motor Corp. and battery maker CATL in setting up a joint venture to supply swappable batteries for electric vehicles, parent company CNPC said on Thursday.

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