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)