# CATL expands into battery swapping and energy storage amid price wars

> Original title: Can battery swapping and energy storage power CATL’s next phase of growth?

- Source: South China Morning Post · Tech
- Published: 2026-10-31T08:00:09.000Z
- Bad Influence: https://badinfluence.news/items/v3p1g6qf0rsmdbtcelnngo5n5
- Original: https://www.scmp.com/business/climate-and-energy/article/3372711/can-battery-swapping-and-energy-storage-power-catls-next-phase-growth

## Summary

CATL, the world's largest battery maker, is accelerating investment in battery swapping and energy storage as it seeks new growth drivers amid intensifying price wars and pressure on profitability. Nio already has a strong presence in battery swapping, and BYD has reinforced its position in energy-storage systems. WaterRock Energy Economics director Lucas Zhang Liutong says competition in both sectors is "already quite intense."