CATL and Octopus Energy have joined forces under the name Swaptopus, a new venture aimed at building out a European battery swap network for commercial trucks. Electrek reports that the announcement comes as CATL reveals a new semi truck battery.
Electrek notes that Swaptopus enters the running for the best name in the EV business, alongside Orange Juicer and Buick Electra. That aside, the core development is a concrete step toward making battery swapping a practical option for heavy trucks in Europe.
As the single source, Electrek presents the venture as progress toward reality. There is no differing account to compare here, so the details are limited to what that report states.