Earlier this week, NIO had announced that it has signed a strategic cooperation deal with Shell. With the new partnership, two companies will work together in the field of electric vehicle energy.

NIO

According to a PanDaily report, the Chinese EV making startup and Shell will jointly build and operate charging and battery swap stations across the globe. Furthermore, the companies plan to make around 100 battery swap facilities as well in China by the year 2025. Similarly, the cooperation will have both firms operate pilot stations next year in Europe. Through this deal, the charging station from Shell in Europe will also be available to NIO EV customers, as per the press release.

Apart from just collaborating for these new battery swap stations, the carmaker and the world’s largest gasoline retailer will also work together in other fields like battery asset management, fleet management, membership systems, home charging services, advanced battery charging and swap technology development. In China, the companies will even look to build new charging facilities as well.

NIO

As of right now, the America based oil giant is placing its focus on new energy power. It plans to have these new energy power also be a part of its leading fuel services. István Kapitány, Global Executive Vice President of Shell Mobility, “Decarbonization is a common global challenge, one which requires extensive and multi-faceted global solutions. This cooperation means that we’ll offer Shell Recharge high-speed charging at NIO locations and make battery swapping available at convenient Shell locations while also offering NIO customers our best home and business charging solutions.”

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