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CATL Reportedly Plans to Acquire NIO-SW Battery Swapping Biz
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CATL (300750.SZ) is in talks with NIO-SW (09866.HK) to acquire the latter's battery swapping business, Nio Power, but the purchase price has not been disclosed, according to foreign media. Nio Power was valued at more than RMB10 billion when it underwent a financing program last year, sources added. AAStocks Financial News |
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