CATL, Nio Sign $346 Million Deal to Expand Battery-Swapping Grid
The world’s largest battery manufacturer, Contemporary Amperex Technology Co. Ltd., has agreed to invest up to 2.5 billion yuan ($346 million) in building out a battery-swapping network across China in collaboration with electric vehicle maker Nio Inc.
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CATL, Nio to collaborate in EV battery swappingChina’s largest electric vehicle (EV) battery manufacturer Contemporary Amperex Technology Company Limited (CATL) announced ...
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