China’s electric vehicle (EV) industry is evolving at a breakneck pace. Battery swapping is emerging as a game-changing solution to charging challenges. Leading the charge is NIO Inc. NIO, which has taken another bold step forward by partnering with Contemporary Amperex Technology Co (“CATL”),

On March 17, 2025, CATL and NIO signed a strategic partnership in Ningde, Fujian. Together, the two parties aim to build the

Chinese electric vehicle maker Nio announced its partnership with CATL to establish a battery swapping network for cars. CATL will support Nio in developing the battery swapping network while the battery giant's Choco-Swap technical standards and network will be introduced to Firefly-branded newly developed models,