NIO, FAW Hongqi Reach Collaboration on Charging Interoperability

　　NIO-SW (09866.HK) 0.000 (0.000%) Short selling $55.09M; Ratio 51.008% and FAW Hongqi have entered into a charging interoperability partnership. According to NIO, this is the first project after the two companies reached a strategic cooperation agreement, and both sides will continue to promote their cooperation.

　　Under the agreement, FAW Hongqi will have full access to the NIO charging network. Starting from today (24 June), FAW Hongqi users can use Hongqi's app to check the location, price, status, usage and other information of NIO charging piles in real-time nationwide, as well as complete the charging and payment operations.

　　As of today, NIO has built 2,435 battery swapping stations and 22,705 charging piles nationwide, including 804 high-speed battery swapping stations and 1,666 high-speed super charging piles.

　　(HK stocks quote is delayed for at least 15 mins.Short Selling Data as at 2024-06-21 16:25.)