ATTENTION HERE COMES $16.00 Ni

2023-01-18

ATTENTION HERE COMES $16.00

Nio and CATL's new deal hints at new brand launch

Jan 17 2023 Nio and CATL are long-standing partners, as all of Nio EV's swappable /batteries are supplied by CATL. So normally, we wouldn't make much of today's announcement from the two firms, who have committed to take the partnership on a deeper level. The two companies will share expertise in manufacturing and ultimately help Nio speed up its own battery development efforts. Things we are certain are already happening. However, the partnership will also involve batteries and even technical cooperation on new projects and markets. So, it appears Nio is planning on following BYD in diversifying its portfolio with new brands in the near.

$NIO Inc.(NIO)$

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Comments

Kiwi1978
2023-01-18
Kiwi1978
Could make maintenance cheaper for older EVs
daz888888888
2023-01-18
daz888888888
CATL bam
Dwi
2023-01-18
Dwi
👍
TKY1978
2023-01-18
TKY1978
[Smile]
MoonJin
2023-01-18
MoonJin
noted
YiiYii
2023-01-18
YiiYii
[OK]

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