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BREAKING: Geely to take 30% stake in Nio Power through battery swap assets and cash
Geely is acquiring a 30% stake in Nio Power, valuing the energy unit at $2.4 billion in a strategic battery-swapping partnership.
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Geely is acquiring a 30% stake in Nio Power, valuing the energy unit at $2.4 billion in a strategic battery-swapping partnership.
Geely agrees to purchase a 30 percent stake in Nio's battery-swapping and charging unit in a multi-billion dollar strategic deal.