The comprehensive strategic cooperation agreement further deepens CATL's strategic partnership with NIO. The two parties will advance technological cooperation in new brands, new projects and new markets, improve supply-demand coordination, propel overseas expansion, and develop the business model centering on long service life batteries.
CATL and NIO will continue to leverage their respective resource advantages to build a battery supply system with efficiency and synergy and improve innovation capabilities and efficiency based on advanced battery technology, thus delivering a more pleasant travel experience to smart electric vehicle users.
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Source: PRNewswire/InfoQuest