China to Roll Out Massive Battery Charging and Swapping Trials in 2024

China's finance ministry has announced plans to approve 67 counties for a battery charging and swapping trial in 2024. Each county in the trial will receive a subsidy of up to 45 million yuan ($6.19 million) for building the necessary infrastructure over three years.

China's finance ministry plans to approve 67 counties for a battery charging and swapping trial in 2024, it said in a statement on Thursday.

Counties in the trial will each get a subsidy of up to 45 million yuan ($6.19 million) for the construction of battery charging and swapping infrastructure over three years. ($1 = 7.2685 Chinese yuan renminbi)

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