NIO Power, CNOOC team up on building EV charging, battery swapping infrastructures

Shanghai (Gasgoo)- On June 27, NIO Power and CNOOC Refinery, China National Offshore Oil Corporation (referred to as "CNOOC")’s wholly-owned refinery subsidiary, officially signed a strategic cooperation framework agreement in Hefei city, according to a press released NIO posted on its WeChat account.

Photo credit: NIO

Under the agreement, the two parties will join hands to build electric charging and battery swapping infrastructures. This collaboration signifies a significant milestone in the development of China's new energy vehicle industry. By leveraging their respective expertise and resources, they are poised to make substantial contributions to achieving carbon neutrality and fostering the sustainable growth of the industry.

To mark the occasion, a remote witnessing ceremony was held for the launch of the first cooperative integrated charging and battery swapping station in Huizhou city.

CNOOC is the largest offshore oil and gas producer and operator in China and was a regular among the Fortune Global 500. Its refining and marketing segment, represented by CNOOC Refinery, has assets exceeding hundreds of billions. The signing of this strategic cooperation marks a more efficient integration of resources between NIO Power and CNOOC. The two companies have already initiated discussions and cooperation in multiple provinces and cities, aiming to provide users with a more convenient charging experience.