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Deep & Emerging Tech·September 28, 2026·1 min read

Nio sells a 30% stake in its battery swapping arm to Geely

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Nio handing Geely 30% of Nio Power and standardizing tech is a move to turn battery swapping from proprietary moat into shared infrastructure. If you’re in EV or fleet operations in China, plan for swapping as a multi-OEM network play, not a single-brand perk.