In a landmark move set to redefine China’s green mobility landscape, China Petroleum & Chemical Corporation and Contemporary Amperex Technology (CATL), the world’s leading EV battery manufacturer, have announced a strategic industry and capital cooperation framework agreement to build a nationwide battery swap station network.
Signed in Beijing, the agreement between the two energy giants targets the construction of 500 battery swap stations by the end of this year, with an ambitious long-term vision of establishing 10,000 stations across the country. The initiative is designed to offer electric vehicle (EV) owners a seamless, rapid battery swap experience— as fast as conventional refuelling—paving the way for large-scale EV adoption and low-carbon transportation in China.
Ma Yongsheng, Chairman of Sinopec, underscored the significance of the partnership, “This collaboration marks another milestone in Sinopec’s commitment to the energy revolution and green development. By combining our energy supply capabilities, nationwide network, and customer service expertise with CATL’s cutting-edge technology, we aim to build a comprehensive energy infrastructure that powers a better life.”
Dr Robin Zeng, Chairman and CEO of CATL, echoed the sentiment, emphasising the transformative power of the partnership, “A robust energy replenishment network is critical to the widespread adoption of EVs. Through this partnership, we will elevate the battery swap model to new heights, injecting fresh momentum into sustainable development.”
Sinopec brings to the table an expansive footprint of 30,000 integrated energy stations, 28,000 Easy Joy convenience stores, and over 10,000 ultra-fast charging stations, serving 200 million customers daily. CATL complements this with its leadership in battery innovation and existing partnerships with major automakers including NIO, Hongqi, Changan, SAIC, GAC Aion, BAIC, Sinotruk, and Foton—paving the way for the rollout of battery-swappable vehicles in both passenger and commercial segments.
The partnership also aims to foster innovation in green energy integration through the development of smart energy microgrids. These grids will combine solar power, energy storage, battery charging and swapping, and real-time battery diagnostics, ensuring optimised performance and sustainability.
Beyond infrastructure, Sinopec and CATL will explore joint investments, capital linkages, and innovation in zero-carbon technologies, vehicle ecosystems, and advanced battery materials, signalling a deeper commitment to creating a resilient and future-ready energy ecosystem.
This collaboration aligns closely with China’s national goals of accelerating new infrastructure development, promoting energy security, and achieving carbon neutrality—marking a pivotal step toward a greener, smarter mobility future.
