Core Viewpoint - Wuhan NIO Energy Co., Ltd. has signed a cooperation agreement with Shenyang Sino-German Park Development and Construction Group Co., Ltd. to enhance the construction and operation of new energy vehicle charging and battery swapping infrastructure in Northeast China [1][4] Group 1: Cooperation Agreement Details - The agreement focuses on the construction and operation of charging and battery swapping stations, brand cooperation, and technical services [4] - Both parties will integrate technologies such as smart grids, digital twins, and virtual power plants to promote green and low-carbon development [4] Group 2: Strategic Importance - The collaboration aims to accelerate the construction of new energy vehicle charging infrastructure in Liaoning, Jilin, Heilongjiang, and Inner Mongolia, particularly around urban transportation hubs and industrial parks [4] - Shenyang Sino-German Park Development Group is a large state-owned company focused on urban development, industrial operation, engineering construction, and logistics trade [4] Group 3: Current Infrastructure Status - As of May 20, NIO Energy has built a total of 3,319 battery swapping stations across the country, establishing a comprehensive high-speed battery swapping network [6][8] - The company has nearly 1,000 high-speed battery swapping stations connecting over 700 cities, enhancing the charging experience for users [8]