All posts tagged: longerlife

NIO, CATL to develop longer-life batteries for EVs, swap stations

NIO, CATL to develop longer-life batteries for EVs, swap stations

EV automaker NIO has announced an expanded collaboration with battery behemoth and current energy supplier CATL. Together, the two Chinese companies intend to collaborate through the research and development of long-life batteries to support future NIO EVs and battery swap stations. CATL has held a steady reign as the global market share leader in batteries for years, showing no signs of slowing down. The Chinese manufacturer stays on top by providing cells to several significant OEMs and consistently pushing chemistry, design, and other innovations in the segment to offer safer, lighter, and more energy-dense cells. One of CATL’s long-standing clients has been NIO, which uses the former’s cells in its passenger EV packs. CATL is also the exclusive battery provider for NIO’s battery swap network. In February 2024, NIO and CATL announced a new “all-star” alliance with BYD to commercialize solid-state battery technology. Today, NIO and CATL have announced a new separate alliance to explore and develop batteries that will last longer than today’s technology and be used in future EVs and battery swap networks. …