BUSINESS● LOWSep 28 · Sep 28, 2026, 4:29 AM
Geely buys 30% stake in Nio's battery-swapping business at $2.4B valuation
Seeking Alpha Tech · east asia
Geely has acquired a 30% stake in Nio's battery-swapping business, valuing the segment at $2.4 billion. This investment signifies a strategic move in the electric vehicle industry.
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