In Pictures: Nio and Geely Form Battery Swap and Charging Partnership to Curb China EV Competition

Nio and Geely will share charging and battery swap infrastructure under the new partnership.

Photo by smart-me AG on Pexels

The tie-up comes as Chinese automakers face government pressure to curb cutthroat EV competition.

Photo by Hyundai Motor Group on Pexels

Geely will take a 30 percent stake in Nio Power as part of the charging and swap deal.

Photo by panumas nikhomkhai on Pexels

Nio China will acquire 10 percent of Geely's Haohan Energy in return.

Photo by Михаил Крамор on Pexels

Battery swap networks are central to Nio's strategy for easing range anxiety among EV drivers.

Photo by Kindel Media on Pexels

Access to Geely's charging and energy assets broadens Nio's infrastructure reach across China.

Photo by Sergey Meshkov on Pexels

Both automakers aim to reduce duplicated investment in charging networks through the alliance.

Photo by Kindel Media on Pexels

The partnership reflects a broader push for consolidation in China's crowded EV sector.

Photo by Marius Gabriel on Pexels

Nio CEO William Li framed the Geely deal as a response to Beijing's anti-involution campaign.

Photo by Diana ✨ on Pexels