CATL will make an investment capped at 2.5 billion yuan in Nio Power, which runs the carmaker’s battery-swapping system, and will help develop the network further. Nio will adopt the battery ...

CATL has invested RMB 2.5 billion (about US$346 million) in NIO Power, with the partnership working to develop and adopt national battery swap standards – CATL launched its own Choco-Swap ...

Sales fell 9.7% to 362 billion yuan, worse than analysts estimates for 372 billion yuan. CATL’s earnings strength will help in an uncertain 2025. International growth looks more two-paced ...

China’s largest electric vehicle (EV) battery manufacturer Contemporary Amperex Technology Company Limited (CATL) announced this week it has signed an agreement with Nio Inc to collaborate in th ...

CATL and Nio have signed an agreement to support each other by establishing a nationwide battery-swapping network in China that use both Nio's swap tech and CATL's Choco-swap technology.

Contemporary Amperex Technology, commonly known as CATL, is the largest producer of lithium-ion rechargeable batteries for electric vehicles in China and globally. According to SNE Research ...

This week, prominent Chinese EV automaker NIO and CATL, the world’s leading battery manufacturer, announced a new strategic partnership to combine and standardize their respective industries ...

Chinese electric-vehicle maker NIO and Contemporary Amperex Technology will collaborate to further develop their battery-swapping network, with the battery giant planning to invest several hundred ...