Geely agrees to buy 30% of Nio's battery-swapping unit Nio Power
The buyer pays partly in cash and partly with its own battery-swapping assets.
Geely Holding Group Acquirer · Nio Power Target · Nio Seller
Intelligence
The deal
- Type
- Acquisition
- Amount
- Not recorded
- Status
- Announced
- Valuation
- Not recorded
- Region
- China
- Date
- 28 September 2026
As of this development: a later development may record new terms.
Lifecycle
- Announced
- Closed
The parties
Activity