CATL and NIO recently signed a five-year agreement in Hefei, Anhui, to comprehensively deepen their strategic partnership. On the technology front, the two companies will focus on joint R&D projects centered on long-life batteries and battery-swapping compatibility technologies, while promoting collaboration across multiple technology pathways and prioritizing the implementation of new technologies.On the ecosystem front, the companies will jointly advance the establishment of battery swapping technical standards and the sharing of battery swapping network resources, while deepening collaboration under business models such as Battery-as-a-Service (BaaS). On the market front, they will strengthen joint brand promotion in both domestic and international markets.