NIO & CATL Form Strategic Partnership on Battery Swapping

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Final Up to date on: twenty fifth March 2025, 12:21 am

Ningde, Fujian — NIO and Up to date Amperex Know-how Co., Ltd. (“CATL”) signed a strategic partnership in Ningde, Fujian. Collectively, they may advance the high-quality improvement of the brand new power automobile business by constructing a battery swapping community for passenger automobiles throughout the complete vary of merchandise, unifying business technical requirements, enhancing capital and enterprise collaboration, and offering environment friendly recharging options for customers.

Constructing on this, the 2 firms can even pursue capital cooperation. CATL is at present advancing an funding capped at RMB 2.5 billion in NIO Energy, additional cementing this strategic partnership. By means of change and cooperation in know-how, capital, and enterprise, NIO and CATL will obtain a synergistic impact the place the entire is bigger than the sum of its elements.

Mr. Yang Jun, the Normal Supervisor of Battery Swap Enterprise of CATL, and Dr. Shen Fei, Senior Vice President of NIO, signed the settlement, with William Li, Founder, Chairman, and CEO of NIO, and Dr. Robin Zeng, founder, chairman and CEO of CATL on-site to witness the occasion. The signing ceremony was additionally attended by Stanley Qu, CFO of NIO, Alan Zeng, Senior Vice President of NIO, David Han, Co-President of Gross sales&Advertising System of CATL, James Wang, Chief Funding Officer of CATL, and Joseph Zheng, CFO of CATL, and different distinguished friends.

Beneath the settlement, each events, driving on the transformation and improve tendencies within the international automotive business, will collaborate to create the most important and most superior battery swapping service community for passenger automobiles, leveraging their respective strengths in know-how, administration, platforms, and model affect. Constructing on unified battery requirements, the 2 events will strengthen the sharing of their battery swapping networks, and speed up the adoption and development of battery swapping providers. CATL will assist NIO in creating the battery swapping community, whereas its Choco-Swap technical requirements and community will probably be launched to the next newly developed fashions of firefly, NIO’s new model. The networks of each events will function in parallel, providing EV customers a extra seamless and environment friendly swapping expertise, thus making BEV journey extra handy.

Each events will collectively drive the formulation and adoption of nationwide requirements for battery swapping know-how in China, additional enhancing battery compatibility throughout numerous manufacturers and fashions. Collectively, they may set up an entire lifecycle loop that encompasses battery R&D, swapping providers, asset administration, reutilization, and materials recycling, serving to cut back prices and enhance effectivity throughout the complete worth chain of recent power automobiles whereas making certain security.

William Li, Founder, Chairman, and CEO of NIO, stated: “The strategic cooperation between NIO and CATL marks a pivotal moment, propelling battery swapping into a brand-new phase. With the support from CATL, NIO’s swapping network will extend to more regions and provide better services. This cooperation is beyond capital investment—it facilitates mutual empowerment in technological standards and service systems. NIO has maintained an open approach in fields such as charging and swapping network and battery asset management, aiming to bring the ‘Chargeable, Swappable, Upgradeable’ solution to a broader user base and accelerate the transition of the automotive industry towards green and low-carbon development.”

Robin Zeng, Founder, Chairman, and Normal Supervisor of CATL, remarked: “CATL has always been committed to driving the global energy transition. This strategic partnership with NIO Power marks a milestone in collaborative innovation across the entire value chain. Leveraging our Choco-Swap and the parallel operations of both CATL’s and NIO’s networks, we are able to build a smart power network that caters to a wide range of needs across multiple levels and dimensions. This will enable every battery to deliver greater value throughout its lifecycle, and allow us to provide global users with safer, more efficient, and more sustainable electric mobility solutions.”

In March 2024, NIO and CATL signed a framework settlement to collectively promote innovation within the R&D of long-life batteries.

Because the automotive model that owns essentially the most chargers and battery swapping stations in China, NIO has constructed 3,172 Energy Swap Stations. Its expressway Energy Swap community connects 18 spine expressways and 14 metropolis clusters, that includes almost 1,000 Energy Swap Stations alongside expressways and protecting over 700 cities. This in depth community permits seamless battery swapping when travelling throughout most main cities in China.

NIO will repeatedly complement and prolong its Energy Swap community. By June 30, 2025, the community will cowl over 1,200 county-level divisions in 14 provincial-level administrative areas in China, together with Beijing, Shanghai, and Guangdong. By December 31, 2025, greater than 2,300 county-level divisions in 27 provincial-level administrative areas will probably be coated.

Moreover, NIO is dedicated to constructing an operational and administration system for EV battery swapping. It has shaped all-round, multi-level strategic partnerships with automakers together with Chang’an Car, Geely Holding, Chery Car, JAC Group, GAC Group, FAW Group, and Lotus.

About NIO

NIO is a world good electrical automobile firm based in November 2014. Devoted to shaping a sustainable and brighter future collectively by offering high-performance good electrical automobiles and distinctive person experiences, NIO is the primary automotive firm listed on the NYSE, HKEX and SGX. NIO at present has three main manufacturers underneath its umbrella: NIO, ONVO and firefly.

Ten years into institution, NIO is now one of many main firms within the international premium good electrical automobile market, dedicated to fostering its personal analysis and improvement capabilities for core applied sciences. As of the tip of January 2024, the corporate had filed for and obtained over 9,800 patents. Moreover, NIO has developed NIO Full Stack, a set of 12 know-how domains.

NIO has R&D and manufacturing amenities in Shanghai, Hefei, Beijing, Nanjing, Shenzhen, Hangzhou, Wuhan, San Jose, Munich, Oxford, Berlin, Budapest, Singapore and Abu Dhabi. The corporate has additionally established gross sales and repair networks in China, Norway, Germany, the Netherlands, Sweden, Denmark, the UAE, Israel and Azerbaijan.

NIO Inc. at present affords 9 premium good electrical automobile fashions underneath the NIO model and one good electrical automobile underneath the ONVO model. firefly has began its pre-orders in China. As of February 28, 2025, NIO Inc. had delivered a complete of 698,619 automobiles, main the premium BEV phase priced above RMB 300,000.