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Nio, China's FAW group to cooperate on battery charging, swapping
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Nio, China's FAW group to cooperate on battery charging, swapping
May 21, 2024 7:06 PM

BEIJING, May 22 (Reuters) - China's Nio and

state-owned automaker FAW Group have signed a strategic

cooperation agreement for battery charging and swapping,

according to their official social media accounts on Wednesday.

They will perform multi-level, in-depth strategic

cooperation battery charging and swapping, and deepen long-term

cooperation mechanisms in the fields including the establishment

of battery technical standards, according to statements made on

their respective WeChat and Weibo accounts.

This will be the seventh automaking partner in battery

swapping for Nio following Guangzhou Automobile Group (GAC),

Geely Automobile Holdings and others.

(Reporting by Beijing newsroom; Writing by Bernard Orr; Editing

by Muralikumar Anantharaman)

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