Qin Lihong, co-founder and president of NIO Inc. (NYSE:NIO), has reportedly urged additional companies, including Huawei Technologies to join the battery swap alliance it spearheads, aiming to enhance electric vehicle (EV) battery longevity concerns.
During his speech at the China Auto Bluebook Forum 2024, Lihong emphasized the pressing need to address battery life challenges, likening it to the proactive preparation required for an aging population, as reported by CnEVPost.
He stressed that resolving the issue isn’t feasible through the independent efforts of Nio or any ...