Nio and CATL Partner to Build World’s Largest Battery Swap Network
The collaboration includes a $346 million investment, adoption of standardized technology, and a push for cross-brand compatibility.
- Nio and CATL have announced a strategic partnership to expand battery swapping infrastructure for electric vehicles.
- CATL will invest 2.5 billion yuan ($346 million) in Nio Power to support the development of battery swap stations.
- Nio’s Firefly brand will adopt CATL’s Choco-swap battery technology, targeting middle-income consumers with standardized solutions.
- The partnership aims to establish national standards for battery swapping to enable cross-brand and cross-model compatibility.
- Both companies are working toward a comprehensive battery life-cycle system, including R&D, reuse, and recycling, to improve efficiency and sustainability.