The world’s largest electric-vehicle battery maker is the latest Chinese company seeking to tap Hong Kong’s fundraising market.

CATL said on Wednesday it had co-developed 10 new electric vehicle models with automakers that use swappable batteries, as the Chinese battery giant seeks to lead a trend it says will replace a third of gasoline stations in China.

The world’s leading EV battery maker wants to make gas stations a thing of the past. On Wednesday, CATL revealed ambitious plans to expand its EV battery swap network with ten new models. By swapping batteries, EV drivers can get a fully charged pack within two minutes. That’s even quicker than filling up your gas tank.