and the Class A ordinary shares at an offering price of HKD 43.36 per share. NIO plans to use the net proceeds from the equity offering for investment in the R&D of core technologies for smart EVs, development of future technology platforms and vehicle models across its sub-brands, expansion of its battery swapping and charging network, further strengthening of its balance sheet, and general corporate purposes. From NIO HKEX announcements 1/2...

News  Updated at: 2025/09/17

V-Green launches e-motorbike battery swap franchise model in Vietnam Announced on September 3, 2025, V-Green Global Charging Station JSC has launched a franchise model for electric motorbike battery swapping cabinets, building on the success of its nationwide EV charging network. With an investment of VND 210 million per cabinet, partners can support Vietnam’s green transport infrastructure while earning a stable, risk-free monthly income under...

News  Updated at: 2025/09/05

and adoption of new energy across various urban scenarios. The two parties will jointly cultivate microgrid projects, positioning Changzhou as a demonstration city for green low-carbon microgrids. Apart from the microgrid industry, the two parties will jointly develop six new ecosystems, including battery swapping models, vehicle-to-grid interaction, low-altitude economy, full electrification, advanced batteries, and a renewable energy industry....

News  Updated at: 2025/09/03

Reliance, India, updates about battery and electrolyser giga factories On August 29, Reliance Industries Limited, in an investor update, announced that it is rapidly constructing its battery and electrolyser giga factories. Its battery giga factory will start in 2026. It will begin with a 40 GWh per year capacity and expand modularly to 100 GWh per year. Its electrolyser giga factory will also be operational by the end of 2026, with the ability t...

News  Updated at: 2025/09/02

ABTC 2025 held in Thailand, positioning ASEAN as hub for battery innovation / clean energy future On August 28–29, 2025, the 3rd ASEAN Battery Technology Conference (ABTC 2025) took place in Phuket, Thailand, organized by the Thailand Energy Storage Technology Association (TESTA) with support from ENTEC and NSTDA. The event served as a key platform for advancing ASEAN’s battery and energy storage industry, with a strong emphasis on safety sta...

News  Updated at: 2025/09/02

CATL opens Jiangsu’s first Choco-SEB battery swapping station in Wuxi Contemporary Amperex Technology Co., Ltd. (CATL) opened Jiangsu’s first Choco-SEB (Swapping Electric Block) battery swapping station, which was built with State Grid EV Service Co., Ltd., in Wuxi. Released at the opening ceremony were CATL’s construction plans for battery swapping stations in Wuxi and Jiangsu. In September, CATL will deploy five new battery swapping stati...

News  Updated at: 2025/08/29

er and photovoltaic power to deepen cooperation in areas such as construction of a zero-carbon transportation corridor for heavy-duty trucks (HDTs), integrated application of new energy, and advancement of industrial upgrading. In Linfen, CATL will promote 1,000 HDTs with a bottom-mounted swappable battery and build 41 battery swapping stations by the end of 2025, and will build 60 battery swapping stations going forward. By 2030, the two parties...

News  Updated at: 2025/08/29

V-Green, FPT Retail to launch EV charging and battery swapping stations across Vietnam Announced on August 26, 2025, V-GREEN Global Charging Station Development JSC (V-Green) and FPT Digital Retail JSC signed a Memorandum of Understanding to establish a nationwide network of EV charging stations and VinFast motorbike battery swapping stations at FPT Shop stores across Vietnam in 2025. Under the agreement, the installation will be carried out thro...

News  Updated at: 2025/08/27

Current status of EV charging infrastructure in China (Jul. 2025) On August 22, the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA) announced the July 2025 operating status of domestic EV charging and battery swapping facilities. The data was based on reports from more than 2,000 EVCIPA members. Overall operating status of domestic charging facilities: As of July 2025, domestic EV charging facilities totaled 16.696 mill...

News  Updated at: 2025/08/26

Wardwizard Innovations & Mobility and Battery Smart partners for swappable battery network in India On August 23, 2025, Wardwizard Innovations & Mobility Limited announced a strategic partnership with Battery Smart. Under the partnership, Battery Smart will deploy its advanced battery-swapping infrastructure across all Joy e-bike dealerships. The collaboration introduces a "battery-as-a-service" model, enabling customers to purchase Joy e-bikes w...

News  Updated at: 2025/08/25

U Power, SAIC Hongyan, UNEX EV partner on battery-swapping e-heavy trucks in Thailand and beyond Announced on August 18, 2025, U Power Limited has signed a Memorandum of Understanding (MoU) with SAIC Hongyan and UNEX EV to deploy battery-swapping compatible electric heavy trucks in Thailand, initially targeting 3,000 long-haul tractors and 1,200 port-specific trucks. U Power will lead the development and manufacture of battery-swapping stations, ...

News  Updated at: 2025/08/19

CATL to establish battery swapping ecosystem for car rental industry with three companies Contemporary Amperex Technology Co., Ltd. (CATL) signed a strategic cooperation agreement with Contemporary Amperex Energy Service Technology Ltd. (CAES), CAR Inc. (CAR), and CMB Financial Leasing Co., Ltd. (CMBFL) in Ningde to introduce battery swapping operations into the car rental industry on a large scale. CAR will fully introduce CATL’s Choco-SEB (Sw...

News  Updated at: 2025/08/07

Current status of EV charging infrastructure in China (Jun. 2025) On July 31, the China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA) announced the June 2025 operating status of domestic EV charging and battery swapping facilities. The data was based on reports from more than 2,000 EVCIPA members. Overall operating status of domestic charging facilities: As of June 2025, domestic charging facilities totaled 16.100 million u...

News  Updated at: 2025/08/04

Helios Climate invests in SUN Mobility to deploy battery swapping network in Africa On July 29, Helios Climate, Africa’s premier climate-focused investment platform, in partnership with the Private Infrastructure Development Group (PIDG), announced an investment in SUN Mobility. The investment round brings the total capital raised by the company over the past year to approximately USD 135 million.  Through this investment, SUN Mobility will su...

News  Updated at: 2025/08/01

BOI records THB 137.7 billion in approved investments for Thailand’s e-mobility supply chain On July 30, 2025, Thailand’s Board of Investment (BOI) announced that total cumulative approved investments in electric vehicle and electric motorcycle manufacturing, key components, charging infrastructure, and battery swapping services have reached THB 137.7 billion. These investments include:  (i) 21 battery electric vehicle (BEV) production proje...

News  Updated at: 2025/08/01

U Power’s AI-driven battery swapping station inaugurated in Phuket, Thailand On July 21, 2025, U Power Limited (Nasdaq: UCAR) and UNEX EV officially launched Southeast Asia’s first operational smart battery-swapping station for new energy vehicles on Phuket Island, Thailand, marking the world’s first such facility for taxis and ride-hailing vehicles outside China. Developed in partnership with Thai energy firm SUSCO, the smart station is po...

News  Updated at: 2025/07/22

icle Charging Infrastructure Promotion Alliance (EVCIPA) introduced the EVCIPA Open Service Platform, a platform with full technology empowerment from VDBP to further enhance the service levels of EVCIPA members and promote the efficient circulation of various production factors in the charging and battery swapping sectors. The platform is composed of five sections, namely, In-depth Data, Information Center, Station Center, Industry News, and Mem...

News  Updated at: 2025/07/16

ower systems, with emphasis on public energy replenishment networks, intelligent energy systems, and integrated energy projects. The cooperation covers the investment, construction, and operation of comprehensive energy facilities integrating photovoltaic power generation, energy storage, charging, battery swapping, and discharging. From a GAC Group press release...

News  Updated at: 2025/07/14

NIO starts accepting pre-orders for Onvo L90 electric SUV On July 10, Onvo, a NIO sub-brand, started accepting pre-orders for the L90 large battery electric SUV, with a starting price of CNY 279,900. The model will be launched at the end of July and be available for deliveries on August 1. Positioned as a flagship intelligent SUV with a large interior space, the L90 is designed with a wrap-around cockpit. It measures 5,145mm long, 1,998mm wide, a...

News  Updated at: 2025/07/14

arrived in Buenos Aires, imported by Malek Fara’s company Black Sapphire, now the official representative of the brand in Argentina. The Yoyo Pro is a two-seater city car with only 57 parts, most of them 3D-printed. It measures 2.53 meters in length and weighs just 400 kg. It features a 10.4-kWh battery powering a 20 hp electric motor, with a top speed of 90 km/h and a range of up to 150 km. Its battery pack is designed for easy swapping, allo...

News  Updated at: 2025/07/01