Category: China

Nio’s power unit signs deal with Anhui’s Zhongan to advance swap station buildout

Zhongan and Nio Power will jointly promote the construction of 1,000 battery swap stations, creating an open energy network and a battery asset management and operation system, Nio said.

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CPCA estimates China’s Mar NEV retail sales at 750,000, up 93.2% from Feb

The NEV penetration rate is expected to reach a record 45.5 percent in March as it reversed the pre-holiday slump and rose rapidly, the CPCA said.

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