The Chongqing Municipal Government announced that the Sichuan-Chongqing-Hubei section of the Qiji Battery Swap Shanghai-Wuhan-Chengdu Trunk Line has commenced operations yesterday (23rd). The first batch of 12 2-way battery swap stations were officially put into use, marking the formal entry of this 1,250-kilometer one-way 'logistics artery' connecting Chengdu via Chongqing to Wuhan into the era of 'chassis battery swapping'.Upon the opening of the Sichuan-Chongqing-Hubei section of the Shanghai-Wuhan-Chengdu trunk line, it will become the longest trunk route within the Qiji battery swapping network operated by its subsidiary, Times Qiji, CATL (03750.HK) -5.000 (-0.791%) Short selling $249.40M; Ratio 56.628% said. This is expected to significantly enhance the transportation efficiency, economical efficiency and environmental benefits of electric heavy trucks. Through its efficient 5-minute battery swapping model, the logistics time between Chengdu and Wuhan can be compressed to under 18 hours, with an efficiency improvement exceeding 40%.(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2026-04-02 16:25.)
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