Source: DIGITIMES

SVOLT: Nio, Svolt Energy reportedly to set up JV to develop cylindrical batteries

Chinese electric vehicle (EV) company Nio is reportedly planning to set up a joint venture with Svolt Energy Technology to jointly develop large cylindrical batteries with the aim of reaching mass production by 2025, according to industry sources.

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Est. Annual Revenue
$500M-1.0B
Est. Employees
1.0-5.0K
Yang Hongxin's photo - Chairman & CEO of SVOLT

Chairman & CEO

Yang Hongxin

CEO Approval Rating

90/100

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