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Shanghai (Gasgoo)- On April 9, Wuhan NIO Energy Co., Ltd. ("NIO Power") signed a strategic cooperation agreement with Jining Hi-Tech Holding Group in Jining city, Shandong province, according to a post on NIO's Weibo account. Under the agreement, the two sides plan to jointly construct 50 NIO Power Swap stations across Shandong province as part of a broader push to expand new energy vehicle infrastructure in the region. Photo credit: NIO Jining Hi-Tech Holding is a state-owned enterprise under the administration of the Jining High-tech Industrial Development Zone. The partnership will focus on building and operating new energy vehicle charging and battery swap facilities, as well as exploring collaboration in energy storage and battery repurposing technologies. According to NIO, as of April 9 this year, the company had built 3,249 battery swap stations nationwide, including 978 along highways. It also operates 4,488 charging stations and 25,990 charging piles, while its network inte
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