CATL Eyes Nio Power Stake
This is a China news story, published by Yahoo Finance, that relates primarily to Nio news.
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electric vehicle maker NioReuters
•Technology
Technology
CATL in talks to buy controlling stake in Nio's power unit, sources say

80% Informative
Chinese battery giant CATL is in talks to buy a controlling stake in electric vehicle maker Nio 's power unit.
Nio Power provides charging and battery swapping services to Nio drivers and other EV brands including Tesla and BYD .
The potential sale reflects the intensifying competition Nio faces in China 's auto market.
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