CATL looking at taking control over NIO’s swapping network
April 10, 2025
CATL, the world’s biggest battery maker for the last decade, is looking to take a controlling stake in NIO Power, the battery swapping and fast-charging business of Chinese premium EV maker NIO. CATL will not comment, but Reuters quotes four anonymous sources to back up the story. Last month, news broke that NIO, known for […]