CATL has invested RMB 2.5 billion (about US$346 million) in NIO Power, with the partnership working to develop and adopt national battery swap standards – CATL launched its own Choco-Swap ...

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 ...

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 ...