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NIO and Geely agree on comprehensive charging and battery-swapping cooperation

NIO and Geely Holding Group have announced definitive agreements covering their charging and battery-swapping businesses. Geely will contribute its 100% stake in Yiyi Internet Technology and RMB 640 million in cash to subscribe for new shares in NIO Power. After the transaction, Geely would hold a 30% stake in NIO Power, valuing the unit at […]

Par TechNode

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NIO and Geely agree on comprehensive charging and battery-swapping cooperation
NIO and Geely agree on comprehensive charging and battery-swapping cooperation

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