will hold the Nio Power Day 2022 event online later today, which is expected to provide an update on its plans to build its replenishment facilities.

Nio's (NYSE: NIO, HKG: 9866, SGX: Nio) 1,000th battery swap station in China will soon be in operation in Lhasa, Tibet autonomous region in Southwest China, marking an important milestone in the company's history.

Nio has yet to make an official announcement, but an image shared by well-known automotive blogger @肉肉爸比ev on Weibo shows Nio preparing for the launch of the battery swap station in Lhasa.

The company has previously announced that it plans to have more than 1,300 battery swap stations, more than 6,000 supercharging piles, and more than 10,000 destination charging piles in China by the end of 2022.

As of July 5, Nio had 896 supercharging stations in China offering 4,893 charging piles and 778 destination charging stations offering 4,683 piles, according to data monitored by CnEVPost.

Nio will hold Nio Power Day 2022, the company's other major annual event in addition to Nio Day, online today at 15:00 Beijing time.

"We will be live-streaming the event to show how Nio Power is working further toward the vision of making powering up easier than refueling," Nio said in a post on its app yesterday, without giving any further details.

At the inaugural Nio Power Day event last July 9, the company said it aims to have more than 4,000 battery swap stations worldwide by the end of 2025, with 1,000 in overseas markets.

Notably, in overseas markets, Nio currently has only one battery swap station in Norway.

The company will build two new battery swap stations in Bergen, Norway, and a battery swap station in Vestby, according to the Norwegian version of the Nio app released in late May.

Nio announced plans last year to build battery swap stations in five Norwegian cities, with the goal of 20 such facilities in Norway by the end of 2022.

As for Lhasa, CnEVPost reported last year that Tesla has built a new Supercharger station in this sunlight-rich city, which utilizes solar power generation and storage systems to achieve an efficient cycle of clean energy.