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NIO Inc. has recently joined forces with Guangzhou Automobile Group Co., Ltd. (GAC Group) to establish a unified battery standard and enhance charging solutions.

According to Electrek, this collaboration follows NIO's recent agreements with Lotus Technology, indicating a concerted effort to pioneer standardized EV technologies.

With over 30 million successful battery swaps globally by October 2023, NIO proves the viability of this technology as an alternative to conventional plug-in charging.

NIO Inks Deal with GAC Group for Unified Battery Standard

As stated in a news release, the partnership with GAC Group seeks to achieve several key objectives, including the development of a unified battery standard and the joint creation of passenger vehicles equipped with battery swap capabilities.

Both companies aim to develop battery swap stations compatible with their respective EV models and launch vehicles designed under joint standards. Additionally, they plan to advance the implementation of swap stations catering to both NIO and GAC vehicles.

Feng Xingya, President of GAC Group, stresses the significance of battery swapping in addressing users' needs without dedicated parking spots and expresses optimism about the partnership's potential. He remarks, "Battery swapping will unleash unlimited market opportunities, especially in cities."

More About NIO

NIO's extensive collaborations extend beyond GAC Group to include Chang'an Automobile, Geely Holding Group, Chery Automobile, JAC Group, and Lotus.

NIO is also involved in extensive partnerships on swapping with companies in the energy sector, including SINOPEC, CNOOC, Shell, State Grid Corporation of China, China Southern Power Grid, Anhui Wenergy, and Zhong'an Energy, in pursuit of a rapidly developing battery-swapping ecosystem.

These collaborations aim for a standardized power infrastructure network. Furthermore, partnerships with energy sector companies contribute to developing a robust battery-swapping ecosystem.

NIO has an extensive portfolio comprising over 8,700 patents worldwide as of Mar. 31. Furthermore, NIO maintains a robust research and development infrastructure alongside an expansive sales and service network spanning multiple countries.