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Battery swap business
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China's Geely to acquire 30% stake in Nio's battery swapping unit Nio Power
Chinese automaker Geely will use cash and its own battery-swapping assets to acquire a 30% stake in peer Nio's battery-swapping unit Nio Power, deepening their partnership to gain an edge in the crowd
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China's Geely to acquire 30% stake in Nio's battery swapping unit Nio Power
Chinese automaker Geely will use cash and its own battery-swapping assets to acquire a 30% stake in peer Nio's battery-swapping unit Nio Power, deepening their partnership to gain an edge in the crowd
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Battery swap business
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