The deal was announced yesterday, ahead of NIO’s fourth-quarter results on Friday. NIO and CATL aim to jointly build the world’s largest and most advanced battery swap network for passenger cars.

NIO (NIO) and CATL signed a strategic partnership in Ningde, Fujian. Together, they will advance the high-quality development of the new energy vehicle industry by building a battery swapping ...

NIO (NYSE: NIO) inked a strategic partnership with Contemporary Amperex Technology Co. (CATL), more commonly known as CATL. The deal is aimed at advancing the development of the new energy vehicle ...

CATL, a juggernaut battery producer, coming on board to push battery-swapping networks with multiple automakers is a huge deal for Nio, and that's before considering the doors it could open as the ...

CATL is working on a 2.5 billion yuan strategic investment, equivalent to $345.6 million, in NIO, it said. The companies will also work to unify industry standards for battery swapping, according ...

CATL invests RMB 2.5 billion in NIO Power for future growth. Get stock picks, daily rankings, and pro-level trading tools in one powerful platform—now 60% off for Memorial Day.

NIO recently reported 13,192 deliveries for the month of February, which was up 62% year-over-year and down 4.8% from January. In February, NIO delivered 9,143 NIO vehicles and 4,049 ONVO vehicles.

China-based CATL announced plans to open 1,000 swap stations next year in China, including in Hong Kong and Macao, with a long-term goal of 10,000 stations built with partners. If the company follows ...

NIO partners with CATL to build a massive battery swap network Mar. 18, 2025 7:16 AM ET NIO Inc. (NIO) Stock CATL By: Clark Schultz, SA News Editor 9 Comments ...

CATL, a juggernaut battery producer, coming on board to push battery-swapping networks with multiple automakers is a huge deal for Nio, and that's before considering the doors it could open as the ...

The CATL station, branded EVOGO, can change a battery pack in 100 seconds, said Yang Jun, the CEO of the subsidiary. Time is money for taxi and truck drivers, Lei said.