NIO has reached strategic cooperation on battery swapping with 7 automakers and transportation energy companies

NIO announced that it has reached strategic cooperation on battery swapping with seven well-known automobile companies, including Changan Automobile, Geely Holding Group, JAC Group, Chery Automobile, Lotus Cars, GAC Group, and FAW, as well as several companies in the transportation and energy fields. The purpose of this cooperation is to promote the standardization of battery swapping technology and the scale of battery swapping networks, in order to provide more value to users.