NIO in talks to sell power unit to CATL – report

NIO ES8 is an all-electric, 7-seater midsize sport utility vehicle

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  • China’s NIO Inc (NYSE:NIO) is in talks to sell its power unit to Contemporary Amperex Technology Co Limited (“CATL”), the world’s largest manufacturer of lithium-ion batteries used in the electric vehicle industry, according to sources cited by Reuters.
  • NIO Power

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