CATL has invested RMB 2.5 billion (about US$346 million) in NIO Power, with the partnership working to develop and adopt national battery swap standards – CATL launched its own Choco-Swap ...

CATL will make an investment capped at 2.5 billion yuan in Nio Power, which runs the carmaker’s battery-swapping system, and will help develop the network further. Nio will adopt the battery ...

Sales fell 9.7% to 362 billion yuan, worse than analysts estimates for 372 billion yuan. CATL’s earnings strength will help in an uncertain 2025. International growth looks more two-paced ...

CATL and Nio have signed an agreement to support each other by establishing a nationwide battery-swapping network in China that use both Nio's swap tech and CATL's Choco-swap technology.

Contemporary Amperex Technology, commonly known as CATL, is the largest producer of lithium-ion rechargeable batteries for electric vehicles in China and globally. According to SNE Research ...

This week, prominent Chinese EV automaker NIO and CATL, the world’s leading battery manufacturer, announced a new strategic partnership to combine and standardize their respective industries ...

Chinese electric-vehicle maker NIO and Contemporary Amperex Technology will collaborate to further develop their battery-swapping network, with the battery giant planning to invest several hundred ...