# NIO Energy and CGN New Energy Sign Strategic Cooperation Agreement in Shanghai

NIO Energy and China General Nuclear New Energy Holdings \(CGN New Energy\) signed a strategic cooperation agreement in Shanghai on October 28, 2026, covering zero-carbon management, green power, and energy services\.

By China EV Signal
Published: 2026-10-29T13:06:27.000Z
Updated: 2026-10-29T13:06:27.002Z
Canonical article: https://chinaevsignal.com/news/nio-energy-cgn-new-energy-strategic-cooperation

## Key takeaways

- NIO Energy and CGN New Energy signed a strategic cooperation agreement in Shanghai on October 28, 2026\.
- CGN New Energy will provide support for NIO on carbon asset management, carbon emissions accounting, and the building of zero-carbon factories and parks\.
- The two sides will jointly advance participation of battery swap and charging stations and new energy vehicles in power markets and vehicle-to-grid \(V2G\) business\.

## Agreement Signed in Shanghai

NIO Energy and China General Nuclear New Energy Holdings \(CGN New Energy\) signed a strategic cooperation agreement in Shanghai on October 28, 2026\. The cooperation covers three areas: zero-carbon management, green power, and energy services, aimed at supporting the green integration of new energy vehicles and the new power system\.

NIO Chief Financial Officer and head of NIO Energy Qu Yu and CGN New Energy Party Committee member and deputy general manager Zhang Hua attended and witnessed the signing\. Hu Weifeng, general manager of NIO Energy's power business, and Liu Jiapei, Party branch member and assistant to the general manager of CGN \(Beijing\) Power Sales Service Co\., Ltd\., signed the agreement on behalf of the two sides\.

## Zero-Carbon Management and Green Power

Under the agreement, CGN New Energy will leverage its expertise in electricity-carbon assets and digital platforms to support NIO with carbon asset management, carbon emissions accounting, and the building of zero-carbon factories and zero-carbon parks\.

In regions where power market trading is already underway, CGN New Energy will give priority to matching green power and green certificates for NIO\.

## Power Market and Battery Cooperation

The two companies will jointly promote the participation of battery swap and charging stations and new energy vehicles in power markets and vehicle-to-grid \(V2G\) business\. Building on NIO's BaaS battery-as-a-service model and large-scale battery assets, they will also cooperate on echelon use of power batteries and the operation of user-side energy storage stations, exploring a new energy business model coordinating vehicles, stations, and the grid\.

The two sides previously established a cooperation foundation in the power market\.

## NIO Charging and Battery Swap Network

NIO has invested more than 20 billion yuan in battery swap and charging technology and infrastructure\. As of October 28, NIO had built 9,715 battery swap and charging stations across China, including 4,202 battery swap stations, 5,513 charging stations, and 31,831 charging piles\.

NIO has completed more than 129 million cumulative battery swap services and more than 230 million cumulative battery swap and charging services\.

## Company coverage

- [NIO news](https://chinaevsignal.com/manufacturers/nio)

## Original publisher

蔚来. Published: 2026-10-29T03:00:00.000Z