Battery Swap Alliance

The battery swap business model is in line with China's carbon peak and carbon neutral strategies, and can solve EV charging difficulties, said GAC's chairman.

SAIC will develop and sell battery swap-enabled models, while CATL will lead the development and iteration of battery blocks.

The first non-Nio models from its battery swap alliance could be an SUV and a sedan from Chery's sub-brand Exeed.

Jiyue CEO said the EV maker has entered into a strategic partnership with Nio on battery swap and will soon officially become part of Nio's battery swap alliance.

Nio president calls on more players including Dongfeng, BAIC, Huawei's HIMA to join the battery swap camp to better address battery life issues.

FAW Group becomes the seventh to join the Nio-led battery swap alliance after GAC Group, Changan Automobile, Geely Holding, Chery, JAC and Lotus.

China FAW will join the Nio-led battery swap alliance, becoming the seventh automaker to do so, according to local media.

Nio and GAC will work together to establish a unified battery standard and jointly develop battery swap-enabled passenger cars and battery swap stations compatible with models from both brands.

Nio and Lotus will collaborate in areas including the development and customization of models that support charging and battery swap, and charging connectivity.

Nio said it and JAC, Chery will carry out deep strategic cooperation in battery standards, battery swap technology, battery swap service network construction and operation.