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.
Nio signs new deal to adopt CATL’s Choco-SEB battery swap standard – firefly EVs to integrate technology
Nio and CATL have signed a strategic partnership with the goal of building the world’s largest battery swapping network. The deal will also include capital cooperation, with CATL currently advancing an investment capped at 2.
The world's largest electric-vehicle battery maker has filed for a listing in Hong Kong, without disclosing the exact size ...
Contemporary Amperex Technology Co. Ltd. reports earnings details Friday that may provide useful clues for investors after ...
A prolonged price war in China has pressured EV makers to lower costs of components, forcing CATL to lower battery prices to defend its market share. This was partly offset by a decline in ...
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