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Nio and CATL partner to build world's largest battery swap network

Nio and CATL have signed a strategic agreement to jointly develop the world's largest battery swap network for passenger vehicles, enhancing capital and business synergies. This collaboration will leverage CATL's Choco-Swap technology and aims to establish unified battery standards, promoting efficiency and reducing costs in the new energy vehicle value chain. CATL is set to invest up to RMB 2.5 billion in Nio Power, further solidifying their partnership.
CnEVPost
United States Dollar Offshore Chinese Yuan NIO Inc. CATLOKI USD CHN William Li Shen Fei Yang Jun Robin Zeng Show more
Business & Industry, Press Release
04:20 18.03.2025
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