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NIO and Contemporary Amperex Technology Co., Ltd. (CATL) have embarked on a collaborative journey to revolutionize the electric vehicle (EV) industry through the innovation of long-life batteries. This partnership aims to address the critical challenges faced by the sector, including the lifespan and replacement costs of batteries, by leveraging cutting-edge research and development (R&D) tailored to NIO’s unique power swap needs.
Key Highlights:
- Strategic Partnership: NIO and CATL sign a framework agreement to innovate in long-life battery R&D.
- Industry Challenges: Addressing the impending expiry of warranties for nearly 20 million new energy vehicle (NEV) batteries between 2025 and 2032.
- Technological Advancements: NIO has developed a battery lifecycle health operational system, extending battery life and holding 80% capacity after 12 years.
- Patent Achievements: NIO boasts 1,435 technology patents, with 104 dedicated to battery lifespan.
- CATL’s Contributions: Focus on core technologies like slow capacity attenuation and self-repairing SEI film to enhance battery service life.
- Future Goals: The collaboration aims for long-term, win-win partnership to elevate EV battery swap services and support sustainable development.
This collaboration represents a significant step towards mitigating the challenges of battery lifespan and high replacement costs that plague the electric vehicle industry. NIO, a leader in smart EVs and battery swapping, and CATL, renowned for its innovative new energy technologies, are setting new standards for battery longevity and performance.
The agreement was formalized in Beijing, witnessing the commitment of both companies to drive technological breakthroughs and innovation. With an eye on future models, CATL plans to develop battery systems with even longer service lives, promising enhanced quality and sustainability for EV users worldwide.
NIO continues to lead in the premium smart electric vehicle market, underpinned by its comprehensive R&D capabilities and expansive patent portfolio. Meanwhile, CATL’s products power over 11.67 million vehicles globally, evidencing its pivotal role in the EV landscape.
This partnership not only aims to extend battery life but also to foster a sustainable society by ensuring high-quality battery swap services, thus alleviating concerns over replacement costs and vehicle residual value depreciation. Together, NIO and CATL are paving the way for a greener, more technologically advanced future in the smart EV industry.
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