CATL, NIO deepen strategic partnership with a five-year cooperation agreement

Strategic Partnerships

The two companies plan to cooperate on new brands, new projects, new markets, improve supply/demand coordination, propel overseas expansion, and develop the business model centering on long-service-life batteries

Deepening their strategic partnership, China’s largest battery manufacturing company Contemporary Amperex Technology Company Limited (CATL) and Shanghai-headquartered EV maker Nio Inc have signed a five-year comprehensive strategic cooperation agreement on 17 January 2023.

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