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China

NIO signs respective battery swapping cooperation agreements with Chery, JAC Group

On January 11, NIO signed a strategic cooperation agreement on jointly promoting the establishment of an open and shared system for energy storage, charging, and battery swapping (ESCBS) with Anhui Province Energy Group Co., Ltd. (Wenergy Group) and Anhui Transportation Holding Group Co., Ltd. (ATHG) in Hefei.
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