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Nio Partners With CATL to Create World's Largest Passenger Car Battery Swap Network
Nio Firefly's 1st Model to Be Launched on Apr 19, Will Still Use Nio Swap Stations
U.S. stocks are moving unusually|NIO rose over 5% before the market, Contemporary Amperex Technology is advancing a strategic investment of no more than 2.5 billion yuan in NIO Energy.
NIO (NIO.US) rose 5.77% pre-market, reporting at $5.32; NIO's H Shares surged significantly near noon today, ultimately closing up about 9%. In terms of news, on the evening of March 17, NIO signed a Global Strategy cooperation agreement with Contemporary Amperex Technology in Fujian. Both parties will work together to build a network for battery swapping that covers the entire range of Passenger Vehicles, establish unified industry technical standards, and deepen capital and Business cooperation.
Express News | U.S.-Listed Shares of NIO Inc up 5.4% Premarket After Co Ties up With Catl to Build Battery Swapping Network
NIO's Hong Kong stocks surged! A partnership with Contemporary Amperex Technology for battery swap cooperation has been established and received up to 2.5 billion yuan investment.
On the evening of March 17, Contemporary Amperex Technology and NIO signed a strategic cooperation agreement to create the largest and most advanced battery swap service network for passenger vehicles in the world, and to promote the unification of industry technical standards and in-depth cooperation at the capital and business levels. As a result of this news, NIO's stock in Hong Kong once rose over 17% today, boosting the performance of battery swap concept stocks in the A-share market.
NIO (09866) rose by 9.74% after reaching a battery swap Global Strategy partnership with Contemporary Amperex Technology.
King Wo Financial News | NIO (09866) shares rose, as of the time of writing, up 9.74%, at 41.7 Hong Kong dollars, with a trading volume of 0.582 billion Hong Kong dollars. On the news front, NIO has signed a Global Strategy cooperation agreement with Contemporary Amperex Technology in Ningde, Fujian, to create the world's largest and most advanced Battery swapping service network for Passenger Vehicles, while promoting the unification of Industry technology standards and deepening cooperation in capital and Business. Contemporary Amperex Technology will support the development of NIO's Battery swapping network, currently promoting a strategic investment of no more than 2.5 billion yuan in NIO Energy. Both parties will deepen the sharing of the Battery swapping network based on unified Battery standards, promoting the popularization of Battery swapping services.
TMW1986 : Yes. Nio need to sell nore cars!!!