AI Summary

Swaptopus is a newly formed joint venture between UK‑based Octopus Energy and Chinese battery maker CATL. The partnership aims to create automated battery‑swapping hubs for heavy trucks across Europe. Octopus Energy, founded in the United Kingdom, operates in electricity retail and technology services. The project focuses on developing infrastructure that allows large trucks to quickly exchange depleted batteries for fully charged ones, potentially reducing downtime and expanding electric truck viability.

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