The world’s largest electric vehicle (EV) is going on international expansion and can shake the EV market in this process with its battery-swapping take rollout.

China Contemporary Amperex Technology Co. Ltd. (CATL) is a prominent player in global infection for more sustainable transportation, with market share in EV sector Broadly 38%Catl customers include global players Tesla, Voxwagen And BMWWith firm Pride technology Better than Western contestants.

Despite its external influence on the EV industry, the company was mostly swept away by the radar this year when it launched the world’s largest initial public offering (IPO) in Hong Kong.

After an increase in CATL shares, the IPO raised 41 billion Hong Kong dollars ($ 5.2 billion) and an over-first use option was fully used.

Here is that CATL works after its IPO.

The company’s investment in 7.6 billion-euros ($ 8.2 billion) Debreken Battery Plant was first announced in August 2022 and IS Expected to start production This year.

The battery manufacturer has already established a complete -owned manufacturing base in Germany, which was first opened in 2023. It has also announced a plan to build a battery plant in Spain. Joint enterprise with Descendant,

CATL’s global investment follows the trend of more Chinese EV companies, including auto huge byds, transfers to Europe between aggressive competition and price wars in the domestic market.

Speaking at the World Economic Forum in Tianjin, China on Thursday, the Chief Manufacturing Officer of CATL said that the cruel discount would not end without interference with War Beijing.

He said that, if a big player keeps cutting prices, it can motivate other contestants to get out of the market and create a monopoly. While June did not name any companies of Cattle, Cattle’s main competitive byd Declared price deduction late May.

The Europe Push of Tight Margine and Overcapacea Cattle in China has been a motivational power, TU Le Founder and Managing Director of Sino Auto Insights TU Le said that the company is already supplying “almost every” EV manufacturer in China, limiting domestic development opportunities.

But everything has not been easy in Europe. Block kept China-China EV punitive tariff Last year, after one more Serious cracks In America

Le said that Hungary facility is another major step towards the localization schemes of the company and it would lead to lower labor costs and a geographically friendly environment than in Germany.

Cattle is also included in one Integrated electrical vehicle battery project in Indonesia. According to local media reports, government officials are expected to start production in March 2026, which may give CATL a appearance Growing eV market Of South East Asia.

Catal recently said in an interview financial Times It also plans to roll its battery-swapping and recycling technology in Europe, in a step that can have a significant impact for the regional market. CNBC has approached CATL for more information.

Modern battery-swapping technology, while popular in China, is yet to be launched in Europe. Chinese EV manufacturer and battery-swapping pioneer NIO is an exception. The company has introduced 60 battery swap stations across Germany, Netherlands, Norway, Sweden and Denmark.

Jeep and Dodge Maker Salentis, meanwhile, recently participated with US-based enough to integrate battery swapping technology in 100 fiat 500 EV fleet in Madrid, Spain.

The experience of using the battery swap station is considered very similar to using an automatic car wash. The EV driver parks the car on a platform with an integrated system, which removes the battery removed from the bottom of the vehicle and replaces it with a fresh, fully charged one. The entire process takes about five minutes.

Advocates of battery charging through a swapping station say that technology resolves many issues, especially two major sticking points to widely adopt-EVS-related-EVS related to fast charging and long-term performance.

Analysts say another important advantage for swapping is that it allows car manufacturers to maintain the ownership of the battery, which reduces the initial price of the vehicle and creates a regular revenue stream for the OEM.

However, some shortcomings include high early infrastructure costs and lack of standardization in car manufacturers.

Battery Raw Material Analyst Conner Watts at Consultancy Fastmarkets said, CATL, which has several partnerships with Chinese OEMS, is well deployed to apply the required level of product standardization on its customer base.

“And especially after the recent amount of cash from its Hong-Kong Listing, the email is the capital required to develop infrastructure within the European market,” Watts emails by email.

He said, “Companies that can succeed in developing the European battery swapping industry, no one is kept better than CATL,” he said.

Julia Policanova, Senior Director of Vehicles and E-Complex Supply Series in the Campaign Group Transport and Environment, stated that major car manufacturers would have to agree to a standardized cell design for battery-swapping technology to work on a scale in Europe.

“Battery swapping is a good extra for charging space, and it makes sense in parts of the market … but it is not a silver tablet to solve our problems,” Policanova told CNBC by phone.

“We will still need a battery and we will still need material for them, whether they are swapped or whether they are permanently in the car,” he said.