Gasgoo Munich – NIO Power and Poly Property Group signed a strategic cooperation agreement at Poly Plaza in Shanghai on November 11, 2026, according to NIO. The two parties will leverage Poly Property Group's nationwide portfolio of projects to jointly develop charging and battery-swapping infrastructure for new energy vehicles, exploring integrated energy replenishment solutions across residential communities, commercial properties and office facilities.
Image source: NIO
Expanding Charging and Battery-Swapping Infrastructure
Under the agreement, the two parties will use Poly Property Group's existing and new residential communities, commercial complexes, office buildings and industrial parks across China to expand their jointly developed EV charging and battery-swapping network. Site deployment will focus on residential areas, commercial facilities and office parks in major cities. The partnership marks the start of their broader industrial cooperation, with the aim of developing energy replenishment services tailored to property-based settings.
Beyond infrastructure development, the partners will explore cooperation in targeted vehicle sales and the joint development and distribution of offline retail networks. They will also coordinate station operations and maintenance, integrate user services and improve data management.
Further cooperation will cover smart energy management, integrated solar power generation, energy storage, charging and battery swapping, as well as virtual power plant connectivity. The two companies also plan to explore vehicle-to-grid interaction within residential communities and the development of low-carbon communities, with the aim of building an integrated ecosystem combining energy replenishment, vehicle purchases and offline experiences.
NIO Power's Expanding Infrastructure Partnerships
NIO Power said it follows an open cooperation model based on joint development and resource sharing, working with partners to expand and improve its charging and battery-swapping infrastructure network through greater scale, standardization and compatibility.
To date, NIO Power has established practical cooperation with more than 40 partners, including local state-owned capital platforms and financial institutions, across 25 provinces, municipalities and regions in China. These partnerships have resulted in the joint development of more than 900 battery-swapping stations, combining the resources and capabilities of the participating parties.
Poly Property Group's Green Development Strategy
Poly Property Group is a major real estate business platform under China Poly Group. Guided by its positioning as a provider of better living experiences, the company focuses on integrated urban development and operations, high-quality properties and lifestyle services. Its portfolio spans residential, commercial, industrial and office properties across multiple Chinese cities.
The company has also been pursuing a strategy centered on low-carbon development and smart communities. By leveraging its property resources and operational capabilities, it aims to incorporate complementary energy systems and new energy infrastructure into its projects, supporting the green and digital transformation of property development and operations.
NIO's Charging and Battery-Swapping Network
With the vision of making vehicle energy replenishment as convenient as refueling, NIO has invested more than RMB 20 billion in charging and battery-swapping technologies and infrastructure.
As of November 11, the company had built a nationwide network of 9,836 charging and battery-swapping stations, including 4,252 battery-swapping stations and 5,584 charging stations, along with 32,572 charging piles. According to NIO, its battery-swapping station and charging pile networks rank first in the industry in terms of scale.
The network has provided more than 230 million charging and battery-swapping services, including over 130 million battery swaps. NIO said its battery-swapping model has been validated through large-scale user adoption and market use, and has become a mainstream energy replenishment option for new energy vehicles in China.
