Nio & BYD consider battery supply collaboration

Teslarati
By Maria MeranoMay 7, 2024, 7:39 am77 pts
Chinese automaker Nio and BYD are considering a battery supply collaboration. Nio is turning to BYD batteries for its new affordable electric vehicle (EV) brand. According to Reuters‘ sources, Nio aims to compete directly with Tesla with its new EV brand, which will be in a lower price range. The new EV…

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