Shenzhou Rent-a-car signed a comprehensive strategic cooperation agreement with CATL, Timely Holding Group, and CMB Financial Leasing.

Recently, Shenzhou Rent-A-Car officially signed a comprehensive strategic cooperation agreement with Ningde Times New Energy Technology Co., Ltd., Times Electric Technology Co., Ltd., and CMB Financial Leasing Co., Ltd. The four parties will deepen cooperation around the new energy vehicle battery exchange business, promoting the rental car industry to upgrade towards new energy and intelligence. Shenzhou Rent-A-Car will fully introduce the "Chocolate" standard battery exchange vehicle jointly developed by Ningde Times and car manufacturers. The company will launch pilot operations in 2025, with plans to operate over 100,000 units of this standard battery exchange vehicle in the future.