New energy battery swapping

CF Energy has successfully implemented its new energy vehicle battery swapping project across multiple locations including Sanya in Hainan, Liupanshui in Guizhou, and Beihai in Guangxi. The swapping stations integrate scalable, expandable, and iterative smart management and operational technologies to maximize data-driven capabilities, safety, and the full lifecycle value of the products. Post-operation, the stations provide approximately 70,000 kilometers of swapped driving range and about 15,800 kilowatt-hours of electricity daily. Initial estimates suggest a daily reduction of approximately 2.1 tons of CO2 emissions, with potential for significant reductions once photovoltaic energy storage systems are fully integrated.

The large-scale adoption of the battery swapping model enhances urban land efficiency (using 70% less space than equivalent centralized charging stations, with a 20-battery station covering about 70 square meters, equivalent to 20 charging parking spaces) and improves electricity resource utilization (reducing grid capacity needs by over 40% for the same number of serviced vehicles). Once the mobile energy service network is established, it will provide approximately 5MW of responsive power to assist urban grid management. As the electricity market matures, the swapping stations can further engage in bidirectional charging and discharging to operate as "virtual power plants," contributing to the energy internet's development, promoting sustainable growth in the new energy sector, and supporting the achievement of "dual carbon" targets.

Photovoltaic + Battery Swapping + Energy Storage

CF Energy is actively exploring the integration of sizable photovoltaic storage facilities at battery swapping stations, enabling them to absorb new energy, manage integrated energy, and control loads flexibly, thus fostering the integrated development of charging and power grids. This triad of photovoltaics, battery swapping, and energy storage provides a more convenient, economical, and safer new energy scenario, enhancing the consumption of new energy generation and improving the stability of low-carbon power grids to achieve comprehensive energy utilization goals.

Currently, the CF Energy Fenghuang Road Stepwise Energy Storage project has entered a stable operational phase, effectively serving the CF Energy Fenghuang Road passenger vehicle battery swapping station. Going forward, CF Energy will continue to advance the establishment of a safe operational system integrating photovoltaic storage, as well as the application and implementation of photovoltaic energy storage equipment.