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flag NIO and CATL partner to build world's largest battery swapping network for electric cars.

flag Chinese EV maker NIO and battery giant CATL have partnered to build the world's largest battery swapping network for passenger cars. flag CATL will invest up to $345.6 million in NIO, supporting the expansion of swapping stations and integrating CATL's Choco-Swap technology into NIO's Firefly brand. flag The collaboration aims to improve battery infrastructure and promote industry-wide standards for battery swapping.

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