Octopus and CATL form Swaptopus venture to expand battery swapping for electric trucks in Europe
The first UK hubs are expected in 2027, and the full network could support more than 300,000 trucks and unlock over £30 billion
Octopus Energy and Chinese battery giant CATL have created a joint venture aimed at accelerating the electrification of heavy road freight in Europe through a network of battery-swapping hubs for electric trucks.
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