Geely to buy 30% of Nio battery swapping unit
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Event Brief

Geely to buy 30% of Nio battery swapping unit

Filed: Sep 28, 2026 at 5:08 AM ET
Summary: Geely plans to acquire a 30% stake in Nio’s battery swapping unit. The deal would give Geely partial ownership of the company’s battery swapping business.
WHO: Geely; Nio
WHAT: Geely plans to acquire 30% of Nio’s battery swapping unit
WHEN: Sep 28, 2026 at 5:00 AM ET
WHERE: Location not specified
WHY: Cause not yet established.

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