NIO sells 30% of battery swap unit to Geely at more than $2 billion
Geely is buying into NIO’s battery swap network. NIO announced definitive agreements on Sunday that hand a Geely Holding subsidiary 30% of NIO Power, the unit running its swap stations and chargers, at a post-money valuation of about RMB16...
Read more: https://electrek.co/2026/09/27/nio-power-geely-30-...
Scan with your phone
Scan with your phone