Trucks

CATL launched a "75#" standardized battery swap pack for heavy-duty trucks, following a similar move for passenger cars last December.

Newrizon, founded by a former Nio senior vice president, announced in February 2023 that it had secured more than RMB 100 million in Series B+ funding from Nio Capital.

At present, 89 percent of the new energy heavy trucks are pure electric models, and half of them support battery swap.