About Battery Swapping Station:
According to ZJMY, they are already building battery swapping stations in three cities: Tianjin, Henan (should be a city in Henan province), and Wuhu. Wuhu is the home town of ZJMY's subsidiary Wuhu Huabao EV Company. This is to accommodate the 100,000 Taxi EV business. Typically taxi runs a long distance per day, and the taxi driver does't have much time to charge battery at a charging station. It will be much easier to drive the car to a swapping station, just like driving into a car wash, take a pee, when come back, it is all done.
The company will use stations in these cities as a model to expand nationwide. They intend to run the business as a franchise. This business alone if fully implemented will be huge.
This part of business will be discussed further here when the time is right. If company releases any progress on this front, people will be shocked again and start to ponder how big the business could be.
I'm intending to do more research in this aspect. Only problem is that the company keeps very quiet until it is done.
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