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NIO reportedly mulling joint venture with SVOLT to get large cylindrical batteries over finish line

NIO batteries

A Chinese media outlet is reporting that EV automaker NIO is recruiting the help of battery systems manufacturer, SVOLT Energy Technology Co., Ltd. Several sources state that NIO is recruiting the assistance from SVOLT to assist in the development of its own in-house large cylindrical EV batteries, which has reportedly decelerated as of late.

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SVOLT unveils cobalt-free battery, claiming first company to reach ‘series production’

Cobalt free battery

Battery systems manufacturer SVOLT has unveiled a cobalt-free battery pack at the Chengdu Motor Show in China. The company now claims to be the first to create a cobalt-free battery that has reached series production, although other battery manufacturers have claimed similar production achievements.

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