Smart and Sustainable Electric Mobility
The two companies will jointly establish battery standards, construct and use battery swap stations, and create battery asset management mechanism.
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Nio and Chongqing Changan Automobile signed a battery swap business cooperation agreement in Chongqing, the Chinese electric vehicle (EV) maker announced.
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Shandong Weida was up 6 percent in Shenzhen at press time, and up about 20 percent over the past month.
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Nio will share its next-generation battery pack standard, the 800 V high-voltage, fast battery swap platform, with the entire industry, said William Li.
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Nio is getting even more expensive, moving upmarket with their new sedan.
The post Nio to launch ultra-luxury Maybach-like sedan in December, sources say appeared first on CarNewsChina.com.
Nio is set to announce the first company that will use its battery swap system on November 21, and the company is in talks with four to five other companies for similar partnerships, said Nio CEO William Li, according to local media.
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Nio will have heavyweight product and model launches at this year's Nio Day event, the company's president, Qin Lihong, said in an audio program.
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About 80 percent of the power supplied by Nio's chargers is used by other brands of EVs, with BYD models using 19.4 percent and Tesla 12.3 percent.
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"Nio will not go out of business, and there is absolutely no possibility of it going out of business," the company's president said in a speech.
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"Autonomous driving technology will be so mature that traffic accidents will become history."
The post Nio’s William Li: There will be zero car accidents 20 years from now appeared first on CarNewsChina.com.
