# NIO x CATL (Battery Swapping): partnership

Canonical ID: `99a249e2-7fbb-4b2a-a83c-c27ea1940a19`

NIO and CATL signed a strategic partnership to build the world's largest battery swapping network for passenger vehicles. CATL is investing up to RMB 2.5 billion in NIO Power, and the two companies will unify battery standards and share swapping networks.

- **Type:** joint venture
- **Status:** active
- **Verification posture:** verified

## Parties (2)

- [NIO](https://registry.deploy.report/companies/nio-group.md) co developer
- CATL _(off-registry)_ investor partner

## Timeline

- **Announced:** 2025-03-17

## Sources (1)

1. https://www.nio.com/news/20250318001


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