Tag: battery-swapping deal
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NIO inks battery-swapping deal with Geely, values energy unit at $2.4 billion
Sept 28 : Chinese electric vehicle maker NIO said on Monday it had signed a broad deal with Zhejiang Geely Holding Group on their battery-swapping and charging businesses.• Under the deal, Geely Holding Group will acquire a 30 per cent stake in NIO Power, NIO’s battery-swapping and charging unit. For the pu
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