# Geely takes 30% stake in Nio Power and allies with Nio on charging

> On October 31, 2026, Geely Holding acquired a roughly 30% stake in Nio Power, Nio's battery-swapping subsidiary, strengthening ties between the two Chinese groups. The next day, Geely and Nio announced a strategic partnership to interconnect their electric vehicle charging and battery-swapping networks. The alliance is intended to help standardize industry infrastructure in China.

**In brief**: Ongoing story bringing together 2 events involving Geely and Nio, in Chine, followed from 31 October 2026 to 1 November 2026. 3 articles from 1 source (electric and batteries, plants, jobs and earnings); last updated on 1 November 2026 at 23:19.

- Status: ongoing
- Scope: National (Philippines)
- Category: Electric and batteries, Plants, jobs and earnings
- Countries: Chine
- Brands: Geely, Nio
- First detected: 31 October 2026 at 01:00
- Updated: 1 November 2026 at 23:19
- Web page: https://mecapress.com/stories/59-geely-takes-30-stake-in-nio-power-and-allies-with-nio-on-charging

## Reported figures

- 16 billion yuan
- $2.4 billion
- 640 million yuan
- $95 million

## Sources by country and language

- unknown: 2 articles, 2 outlets
- Philippines: 1 articles, 1 outlets

**Languages**: English (3)

## Timeline (2 events)

### 31 October 2026 — [Geely takes a 30% stake in Nio Power](https://mecapress.com/events/840-geely-takes-a-30-stake-in-nio-power.md)

Geely Holding acquires around 30% of Nio Power, Nio's subsidiary specializing in battery swapping, strengthening ties between the two Chinese groups.

1 sources, 2 articles · Chine

### 1 November 2026 — [Geely et Nio s'allient pour interconnecter leurs réseaux de recharge et d'échange](https://mecapress.com/events/986-geely-et-nio-s-allient-pour-interconnecter-leurs-reseaux-de-recharge-et-d.md)

Geely et Nio ont conclu un partenariat stratégique visant à connecter leurs infrastructures de recharge et d'échange de batteries pour véhicules électriques, afin de standardiser le secteur en Chine.

1 sources, 1 articles · Chine

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Cite as: Mecapress, “Geely takes 30% stake in Nio Power and allies with Nio on charging”, https://mecapress.com/stories/59-geely-takes-30-stake-in-nio-power-and-allies-with-nio-on-charging
Methodology: https://mecapress.com/methodology