Electric lorries could soon be swapping flat batteries for charged ones in minutes under ambitious plans from Octopus Energy and Chinese battery giant CATL – a move that could give Chinese truck makers an early advantage in Europe.
The two companies have formed a new venture called Swaptopus, which plans to open its first UK battery-swapping hubs in 2027. More than 30 large sites are planned across Europe by 2035, with the companies saying the network could eventually support more than 300,000 electric trucks.