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 ...
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Stocktwits on MSNNio Stock Rallies On Partnership With CATL To Develop Battery Swap Network: Retail Turns Extremely BullishCATL will invest up to RMB 2.5 billion (approximately $350 million) in Nio Power, the company said. Nio CEO William Li said ...
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 ...
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