Published 17 days ago • loading... • Updated 15 days ago

NIO gets lifeline offer of up to $346 mln from CATL · TechNode

NIO has received a financing proposal from CATL for up to RMB 2.5 billion to support NIO Power, as announced on March 18, 2025.
NIO and CATL will work together to create the largest battery swapping service network globally for passenger vehicles.
NIO operates 3,172 battery swap facilities as of now and aims to cover 27 regions by the end of this year.
CATL plans to build 1,000 Choco-swap stations, which support the new partnership to create a standardized battery swapping system.

Insights by Ground AI

Does this summary seem wrong?

20 Articles

All

Left

Center

Right

Inside EVs

Lean Left

CATL And Nio Join Forces To Standardize Battery Swapping

The two have combined their battery-swapping tech and infrastructure with the goal of creating a national standard for battery-swapping.

16 days ago

Read Full Article

Nikkei

Lean Right

China's CATL keeps profits growing despite EV headwinds

GUANGZHOU -- China's Contemporary Amperex Technology (CATL) has held onto its global lead in electric vehicle batteries and widened its profit margins

16 days ago·Japan

Read Full Article

Electrek

Lean Left

NIO and CATL form new partnership to build the world's largest battery swap network

This week, prominent Chinese EV automaker NIO and CATL, the world’s leading battery manufacturer, announced a new strategic partnership to...

17 days ago

Read Full Article

TechNode

Center

NIO gets lifeline offer of up to $346 mln from CATL · TechNode

NIO has received a financing proposal from CATL, which is considering investing up to RMB 2.5 billion ($345.6 million) in NIO Power, the power-solution unit of the Chinese electric vehicle maker, as the companies on Monday reached a long-anticipated deal to promote battery-swapping technology.NIO and CATL, the world’s top battery maker, will jointly strive to build the largest and most advanced battery swapping service network for passenger vehi…

17 days ago

Read Full Article

South China Morning Post

Center

Chinese EV maker Nio, battery king CATL join forces on swapping stations

CATL, which is planning a US$5 billion Hong Kong share listing, will invest up to US$345.6 million in Nio.

17 days ago·Hong Kong

Read Full Article

The Driven

CATL and Nio plan to build world’s largest battery swapping network

Chinese new energy behemoths CATL and Nio have announced a strategic partnership which promises to deliver the world’s largest battery swapping network for EVs. The post CATL and Nio plan to build world’s largest battery swapping network appeared first on The Driven.

15 days ago

Read Full Article

Think freely.Subscribe and get full access to Ground NewsSubscriptions start at $9.99/year