HomeBusiness & MoneyChina's Nio teams up with Geely on battery swapping projects - media...

China’s Nio teams up with Geely on battery swapping projects – media By Reuters


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© Reuters. FILE PHOTO: The logo of NIO seen on an EL6 car model is pictured at the NIO House, the showroom of the Chinese premium smart electric vehicle manufacture NIO Inc. in Berlin, Germany August 17, 2023. REUTERS/Annegret Hilse

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BEIJING (Reuters) – China’s Nio (NYSE:) and Geely Automobile Holding signed a strategic comprehensive cooperation agreement on battery swapping initiatives, financial media outlet Yicai said on Wednesday.

The two firms will cooperate in various fields such as battery swap standards, technology, service network construction and operation, and battery swap model development and customisation.



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