Workers checking battery products at Contemporary Amperex Technology’s plant in Ningde, Fujian Province, one of its facilities in mainland China. Photo: Xinhua
China’s top electric-car battery producer, Nio to team up for battery-swap venture as industry sales forecast to triple by 2025
- Contemporary Amperex, Nio and two others to form a battery-swap venture to help lower initial cost of EV ownership
- New venture to charge subscribers 980 yuan a month for convenience and peace of mind, in case battery goes flat on long-distance driving
Topic |
Electric cars
Workers checking battery products at Contemporary Amperex Technology’s plant in Ningde, Fujian Province, one of its facilities in mainland China. Photo: Xinhua