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RESEARCH · CL_268390 · Sep 28 · 08:00

Nio and Geely deepen EV battery swap partnership in $2.4B deal

Chinese electric vehicle manufacturers Nio and Geely have solidified their partnership by agreeing to a stake sale in Nio's battery swapping subsidiary. Geely will acquire a 30% stake in Nio Power for approximately $2.4…

Nio and Geely deepen EV battery swap partnership in $2.4B deal