The Aito M8 is set to be launched in April and the updated M9 will hit the market later this month.| CnEVPost
CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.| CnEVPost
This is the second such partnership Nio has struck in the past few days as it continues to push forward with the construction of battery swap stations.| CnEVPost
Nio has teamed up with Future Science City Group in Beijing to jointly build 100 battery swap stations.| CnEVPost
As of today, Nio has 2,589 battery swap stations in China and 92 in Hubei province.| CnEVPost
Nio Power will build a new battery swap station manufacturing facility in Wuhan, targeting an annual capacity of more than 1,000 battery swap stations.| CnEVPost
The Model Y L is larger than the 5-seat Model Y and is expected to be priced at around RMB 400,000 ($55,710).| CnEVPost
The Aito M8 secured more than 20,000 orders in the first hour after its launch.| CnEVPost
This is the third battery swap station partnership with a state-owned company that Nio has announced in the past month.| CnEVPost