NIO Stock Slips Overnight Despite Major Geely Deal — CEO Pushes Automakers To Stop Duplicating Swap Networks

U.S.-listed shares of Nio, Inc. (NIO) slipped more than 3% overnight heading into Tuesday as CEO William Li said the company’s partnership with Geely Holding Group should help automakers share charging and battery-swap infrastructure instead of spending separately to build overlapping networks.Nio’…