NIO joins forces with CATL for world largest battery swapping network

Joris Van Roy

March 18, 2025

At the CATL headquarters, NIO signed the agreement to jointly set up the world’s biggest network for battery swapping for passenger cars. In the middle NIO CEO and founder William Li and CATL founder and CEO , Robin Zheng shaking hands /CATL-NIO

Chinese EV maker NIO, known for its pioneering role in battery swapping, is joining forces with CATL, its major supplier, to set up a worldwide car-swapping network. CATL, the world's biggest battery maker, puts its money where its mouth is by investing 2.5 billion yuan (€316 million) in Nio Power
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