Low-Carbon Mobility & Logistics
Advanced Energy & Grid
NIO and Geely form JV in battery swapping at RMB16bn valuation
NIO is selling a 30% stake in its charging and battery-swap unit to Geely Holding, valuing NIO Power at approximately RMB16 billion.
NIO is selling a 30% stake in its charging and battery-swap unit to Geely Holding, valuing NIO Power at approximately RMB16 billion.