China's Nio ties up with CATL to build battery swapping network
CATL will support Nio in developing the battery swapping network while the battery giant's Choco-Swap technical standards and network will be introduced to Firefly-branded newly developed models, according to a company statement sent to Reuters on Tuesday.
The two companies will also pursue capital cooperation, with
CATL advancing an investment capped at
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China's Nio ties up with CATL to build battery swapping network
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