On September 18, NIO announced that recently, the marketing department of China Huaneng Group Co., Ltd. and NIO Energy signed a “Virtual Power Plant Collaboration Work Plan” in Xiong'an New Area. The two sides have complementary and collaborative values in fields such as virtual power plants, electricity trading, and green electricity consumption. The signing of this agreement marks the establishment of a unified cooperation plan between the two sides at the group level, providing standardized guidelines for Huaneng's regional energy sales companies to cooperate with NIO, helping to improve cooperation efficiency and reduce transaction costs.

On September 18, NIO announced that recently, the marketing department of China Huaneng Group Co., Ltd. and NIO Energy signed a “Virtual Power Plant Collaboration Work Plan” in Xiong'an New Area. The two sides have complementary and collaborative values in fields such as virtual power plants, electricity trading, and green electricity consumption. The signing of this agreement marks the establishment of a unified cooperation plan between the two sides at the group level, providing standardized guidelines for Huaneng's regional energy sales companies to cooperate with NIO, helping to improve cooperation efficiency and reduce transaction costs.