Reuters: CATL in talks to buy controlling stake in Nio Power
chinese stamp_battery heavyweight CATL is reportedly on good terms talks en route to grab a monocratic stake inwards Nio power the electric implement maker’s battery-swapping and charging subsidiary. Four sources universally admitted amongst the matter told Reuters that the go would give word CATL control o'er Nio’s ever-expanding trading pasture network.
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Originally posted on: https://www.automotiveworld.com/news/electric-mobility-news/reuters-catl-in-talks-to-buy-controlling-stake-in-nio-power/