CATL looking at taking control over NIO’s swapping network

Joris Van Roy

April 10, 2025

Chinese premium EV maker NIO is leading in battery swapping and will move heaven and earth for it to become a global standard. With CATL behind it, that could be a reality sooner than expected /NIO

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, new
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