Uxin Limited announced a strategic partnership with Times Electric Service, a wholly-owned subsidiary of Contemporary Amperex Technology Co., Limited (CATL). This collaboration aims to promote the adoption and development of battery swapping models within the used car market.
The partnership will establish a used car trading system based on the 'vehicle-battery separation' model, providing consumers with transaction services for pre-owned new energy vehicles. Key initiatives include developing an online used car trading platform and battery marketplace tailored for this model.
Uxin and Times Electric Service will also provide inspection, certification, and rating services for battery swapping used cars. Furthermore, they will collaborate on advancing the construction of a battery swapping network and exploring innovative business and service models to promote the standardization of battery swapping technology.
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