Mirattery

Nio's battery asset operator Mirattery forms strategic partnership with electric truck startup Newrizon

Mirattery, Nio's battery asset operator with more than 10 GWh of battery assets under management, has entered into a strategic partnership with Newrizon, a Nio Capital-backed company.

Nio's battery asset operator Mirattery sees asset size exceed 10 GWh

Of that 10 GWh of battery assets, they contain more than 17,000 tons of nickel, more than 6,300 tons of cobalt and more than 5,700 tons of lithium.

Nio's battery asset JV Mirattery enters into partnerships with multiple firms

Mirattery has contracted with several companies, including JAC's Sehol brand and Geely-backed Soland Technology, to provide technical services or build joint labs.

Deutsche Bank explains Nio's relationship with Weineng, which was put in spotlight by short report

Edison Yu's team explains perfectly what Weineng is, why it was formed and how it relates to Nio.

Nio's battery asset operator raises about $95 million through ABS offering in China

The move comes after Mirattery secured tens of millions of dollars in financing through an ABN offering in April, marking the establishment of its direct access to financing in the exchange and interbank markets.

Nio's battery asset operator raises $62.62 million through ABN offering

This allows Mirattery to establish a direct financing channel in the Chinese interbank market, providing a boost to the further development of its BaaS service system, it said.

Nio's battery asset operator begins construction of its technology institute

The first phase of the institute will be over 8,000 square meters in size and is expected to be completed and operational this year.

Nio's battery asset operator exceeds 4 GWh under management

Founded on August 18, 2020, Mirattery now has 100 times the asset size of 0.04 GWh as of September 2020.

Nio's battery asset operator to establish $15.5 million research institute

The institute aims to build a power battery recycling system and conduct research related to battery materials.

Nio to become largest shareholder in its battery asset management JV

Nio will become the largest shareholder of Weineng, accounting for 19.84 percent of the registered capital.