Rate Of Return$NIO(NIO.US)Nio has signed battery swap strategic cooperation framework agreements with Jianghuai Automobile Group (JAC) and Chery Automobile respectively, carrying out comprehensive and multi-level strategic cooperation in battery standards, battery swap technology, and the construction and operation of battery swap service networks. Subsequently, Nio also reached battery swap strategic cooperation agreements with automakers such as Changan, Geely, GAC, FAW, and Lotus. This means that Nio will mass-produce battery-swappable vehicle models in collaboration with the aforementioned automakers. Nio equals future takeoff.
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