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    Home»News»NIO in talks to sell power unit to CATL (NIO:NYSE)
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    NIO in talks to sell power unit to CATL (NIO:NYSE)

    Press RoomBy Press RoomApril 7, 2025No Comments1 Min Read
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    NIO ES8 is an all-electric, 7-seater midsize sport utility vehicle

    Michael Vi/iStock Editorial via Getty Images

    • China’s NIO Inc (NYSE:NIO) is in talks to sell its power unit to Contemporary Amperex Technology Co Limited (“CATL”), the world’s largest manufacturer of lithium-ion batteries used in the electric vehicle industry, according to sources cited by Reuters.
    • NIO Power
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