Geely to Take 30% Stake in Nio Power as Battery-Swap Push Deepens
Nio has agreed to bring Geely-linked capital and assets into its battery-swapping and charging unit, in a transaction that could reshape the economics of China’s EV infrastructure race. The deal, if approved and completed, would give a Geely subsidiary a 30% stake in Nio Power and underscores a broader industry shift toward shared platforms over costly duplication.
