China's Nio, FAW Group tie up for battery charging, swapping

China's Nio, FAW Group tie up for battery charging, swapping

FILE PHOTO: Super chargers of Chinese electric vehicle (EV) maker Nio are placed at a delivery center of the company, in Nanxiang, Shanghai, China March 23, 2023. REUTERS/Aly Song/File Photo

China’s Nio and state-owned automaker FAW Group have signed a strategic cooperation agreement for battery charging and swapping, according to their official social media accounts on Wednesday.