Market Chatter: SAIC-GM-Wuling JV Joins CATL's Battery Swapping Alliance

MT Newswires Live11-20

SAIC-GM-Wuling Automobile joined the battery swapping alliance of Contemporary Amperex Technology (SHE:300750), or CATL, Yicai Global reported Tuesday.

Zhou Xing, general manager of branding and communications at SAIC-GM-Wuling Automobile, said its Wuling Yangguang minivan will be the first commercial vehicle to use CATL's Choco-SEB swappable battery blocks, according to the report. The minivan will be launched in the market in 2025.

CATL is in talks with other automakers and expects others to soon join its battery swapping alliance, YiCai Global wrote.

SAIC-GM-Wuling Automobile is a joint venture among General Motors, SAIC Motor (SHA:600104) and Wuling Motors (HKG:0305).

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2484139744?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2024-11-20 11:26","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2484139744","market":"fut","top_or_hot":-1,"title":"Market Chatter: SAIC-GM-Wuling JV Joins CATL's Battery Swapping Alliance","media":"MT Newswires Live","content":"<html><body><p> SAIC-GM-Wuling Automobile joined the battery swapping alliance of Contemporary Amperex Technology (SHE:300750), or CATL, Yicai Global reported Tuesday.</p><p>Zhou Xing, general manager of branding and communications at SAIC-GM-Wuling Automobile, said its Wuling Yangguang minivan will be the first commercial vehicle to use CATL's Choco-SEB swappable battery blocks, according to the report. The minivan will be launched in the market in 2025.</p><p>CATL is in talks with other automakers and expects others to soon join its battery swapping alliance, YiCai Global wrote.</p><p>SAIC-GM-Wuling Automobile is a joint venture among General Motors, SAIC Motor (SHA:600104) and Wuling Motors (HKG:0305).</p><p>(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>","source":"mtnewswires_news","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Market Chatter: SAIC-GM-Wuling JV Joins CATL's Battery Swapping Alliance</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMarket Chatter: SAIC-GM-Wuling JV Joins CATL's Battery Swapping Alliance\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-11-20 11:26 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.mtnewswires.com/><strong>MT Newswires Live</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>SAIC-GM-Wuling Automobile joined the battery swapping alliance of Contemporary Amperex Technology (SHE:300750), or CATL, Yicai Global reported Tuesday.Zhou Xing, general manager of branding and ...</p>\n\n<a href=\"https://www.mtnewswires.com/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"LU0531971595.HKD","symbol_name":"HSBC GIF CHINESE EQUITY \"AD\" (HKD) INC","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2484139744","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2484139744","pubTimestamp":1732073216,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. Better news, better service, better price.","home_visible":1,"id":"1092851196","head_image":"https://community-static.tradeup.com/news/3002d84abbd5ace3c99397c7f95b8d4e"},"summary":"SAIC-GM-Wuling Automobile joined the battery swapping alliance of Contemporary Amperex Technology , or CATL, Yicai Global reported Tuesday.Zhou Xing, general manager of branding and communications at SAIC-GM-Wuling Automobile, said its Wuling Yangguang minivan will be the first commercial vehicle to use CATL's Choco-SEB swappable battery blocks, according to the report. The minivan will be launched in the market in 2025.CATL is in talks with other automakers and expects others to soon join its battery swapping alliance, YiCai Global wrote.SAIC-GM-Wuling Automobile is a joint venture among General Motors, SAIC Motor  and Wuling Motors .","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"300750":"宁德时代","600104":"上汽集团","LU0531971595.HKD":"HSBC GIF CHINESE EQUITY \"AD\" (HKD) INC","LU2097828631.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC","BK0015":"沪股通50","LU1939255532.USD":"NINETY ONE GSF GLOBAL ENVIRONMENT \"A\" (USD) ACC","GM":"通用汽车","LU2097828714.EUR":"AZ EQUITY CHINA \"BAZ\" (EUR) ACC","LU2097828805.USD":"AZ EQUITY CHINA \"A-AZ\" (USD) ACC","LU0039217434.USD":"HSBC GIF CHINESE EQUITY \"AD\" INC","LU1997244956.HKD":"ALLIANZ CHINA A-SHARES \"AT\" (HKD) ACC A","LU2097828474.EUR":"AZ EQUITY CHINA \"A\" (EUR) ACC A","BK0014":"新能源汽车","LU0672654166.SGD":"FTIF - Templeton Asian Growth A (acc) SGD-H1","BK4123":"调查和咨询服务","LU0449515922.USD":"HSBC GIF GLOBAL EMERGING MARKETS EQUITY \"PC\" (USD)ACC","LU0228659784.USD":"施罗德金砖四国基金","LU0006061336.USD":"Blackrock US Small and MidCap Opportunities A2 USD","LU2360107325.USD":"BGF FUTURE OF TRANSPORT \"A4\" (USD) INC","LU0543330483.HKD":"TEMPLETON ASIAN GROWTH \"A\" (HKD) ACC","LU0572944931.SGD":"Janus Henderson Horizon China Opportunities A2 SGD","LU0348805143.USD":"ALLIANZ ENHANCED ALL CHINA EQUITY \"A\" (USD) INC","LU2153592121.USD":"Aberdeen Standard SICAV I - Emerging Markets Sustainable Development Equity A Acc USD","BK1578":"个体经济","LU2249611893.SGD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (SGD) ACC","LU0456827905.SGD":"JPMorgan Funds - China A (acc) SGD","LU1720050803.USD":"安联全方位中国股票基金","BK4596":"哈里斯概念","LU1781817850.SGD":"Blackrock Systematic China A-Share Opportunities A2 SGD-H","BK0184":"上海国资改革","LU2357125470.USD":"BNP PARIBAS ENERGY TRANSITION \"CLASSIC RH\" (USDHDG) ACC","LU2506951792.HKD":"BNP PARIBAS ENERGY TRANSITION \"CRH\" (HKDHDG)       ACC","LU2153591404.USD":"Aberdeen Standard SICAV I - Asian Sustainable Development Equity A Acc USD","BK0183":"MSCI概念","BK0012":"证金概念","EVS.SI":"MSCI China Electric Vehicles and Future Mobility ETF-NikkoAM","00305":"五菱汽车","LU0345770308.USD":"NINETY ONE GSF GLOBAL STRATEGIC EQUITY \"A\" (USD) ACC","LU1146622755.USD":"安本中国A股股票基金A Acc","LU2289578879.USD":"ALLIANZ CHINA A OPPORTUNITIES \"AT\" (USD) ACC","LU0054450605.USD":"HSBC GIF GLOBAL EMERGING MARKTS EQ \"AD\" INC","LU1861214812.USD":"Blackrock Future of Transport A2 USD","LU2328871848.SGD":"Eastspring Investments - China A Shares Growth AS SGD","LU0509642566.USD":"SCHRODER ISF GLOBAL EMERGING MARKET OPPORTUNITIES \"A\" (USD) INC AV","LU0505663152.USD":"abrdn SICAV I - FUTURE MINERALS \"A\" (USD) ACC","BK4516":"特朗普概念","SAIC":"Science Applications Internation","LU1861219969.SGD":"Blackrock Future of Transport A2 SGD-H","LU1961090484.USD":"ALLIANZ ALL CHINA EQUITY \"A\" (USD) INC","LU2097828557.USD":"AZ EQUITY CHINA \"A\" (USD) ACC"},"translate_title":"市场热议：上汽通用五菱合资公司加入宁德时代换电联盟","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"300750":0.9,"600104":0.9,"SAIC":1,"GM":1,"00305":0.9,"EVS.SI":0.6},"content_text":"SAIC-GM-Wuling Automobile joined the battery swapping alliance of Contemporary Amperex Technology (SHE:300750), or CATL, Yicai Global reported Tuesday.Zhou Xing, general manager of branding and communications at SAIC-GM-Wuling Automobile, said its Wuling Yangguang minivan will be the first commercial vehicle to use CATL's Choco-SEB swappable battery blocks, according to the report. The minivan will be launched in the market in 2025.CATL is in talks with other automakers and expects others to soon join its battery swapping alliance, YiCai Global wrote.SAIC-GM-Wuling Automobile is a joint venture among General Motors, SAIC Motor (SHA:600104) and Wuling Motors (HKG:0305).(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"corporation","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2484139744"}