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NIO-SW's New Firefly Vehicles to Incorporate CATL's Chocolate Battery Swap Standard & Network
NIO-SW (09866.HK) (NIO.US) and CATL (300750.SZ) signed a strategic cooperation agreement last night (17th) in Ningde, Fujian. Based on the global automotive industry's transfor...
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NIO-SW's New Firefly Vehicles to Incorporate CATL's Chocolate Battery Swap Standard & Network
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NIO-SW (09866.HK)  -1.300 (-4.298%)    Short selling $263.71M; Ratio 62.718%   (NIO.US)      and CATL (300750.SZ)  -3.860 (-1.503%)   signed a strategic cooperation agreement last night (17th) in Ningde, Fujian. Based on the global automotive industry's transformation and upgrading trends, both parties will leverage their respective advantages in technology, management, platform, and brand resources to create the world's largest and most advanced passenger vehicle (PV) battery swap service network.

According to the agreement, CATL will support the development of NIO's battery swap network, while the new models subsequently developed by NIO's Firefly brand will timely incorporate CATL's Chocolate battery swap standard and network.
(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2025-03-31 16:25.) (A Shares quote is delayed for at least 15 mins.) (Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

Related NewsMacquarie: Rating Kept at Neutral on NIO-SW (09866.HK) Weak Outlook

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