On March 17, 2025, CATL and NIO signed a strategic partnership in Ningde, Fujian. Together, the two parties aim to build the

Battery electric vehicle (BEV) manufacturer Nio already has almost 3,200 battery swapping stations in place across China and aims to add a further 2,300 outlets by the end of the

China’s electric vehicle (EV) industry is evolving at a breakneck pace. Battery swapping is emerging as a game-changing solution to charging challenges. Leading the charge is NIO Inc. NIO, which has taken another bold step forward by partnering with Contemporary Amperex Technology Co (“CATL”),