#Geely
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#Geely timeline · newest first
2026-09-28-Mon
Geely takes a 30% stake in NIO Power for its E-Energy unit plus RMB 640 million, valuing it at about RMB 16 billion
▪ Battery swapping cannot become infrastructure if one automaker builds it alone; turning the network into a platform co-owned by several carmakers is the way to spread costs and reach scale.