
CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.
Nio Power was valued at more than RMB 10 billion in a 2024 funding round.

CATL made the offer after announcing an investment of up to RMB 2.5 billion in Nio Power in March, according to Reuters.
Nio Power was valued at more than RMB 10 billion in a 2024 funding round.
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