BJEV plans to invest USD1.4 billion to establish 3,000 EV battery swap stations in China
Stations will be able to cater to around 500,000 EVs
Electric car maker Beijing Electric Vehicle (BJEV) is planning to invest CNY10 billion (USD1.4 billion) towards setting up 3,000 battery swap stations in China, China Daily reported on 9 September citing president of BJEV, Ma Fanglie.
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