To date, Nio has 2,905 battery swap stations in China, 929 of which are located along highways.
Nio (NYSE: NIO) today announced that it has surpassed 2,900 battery swap stations in China and has reached its goal of 1,000 stations available to its Onvo sub-brand by the end of 2024.
The 2,900th Nio battery swap station is located in Sanmenxia, Henan province in central China, as part of its efforts to advance its Power Up Counties plan.
Nio unveiled the Power Up Counties plan at the Power Up 2024 event on August 20, with a goal of having its battery swap station network cover more than 2,300 counties in China's 27 provincial-level administrations by December 31, 2025.
It also aims to have its charging network cover all counties in China by June 30, 2025.
The company today put 18 new battery swap stations into operation in China, bringing the total number to 2,905, of which 929 are located along highways, according to data compiled by CnEVPost.
To date, Nio has cumulatively provided about 61.3 million battery swap services.
The company has added a cumulative total of 589 battery swap stations so far this year, considering it ended 2023 with 2,316 stations. This lags behind its previously announced plan to add 1,000 new stations in 2024.
Nio added 80 stations available to Onvo from December 23-December 29, bringing its number of battery swap stations available to the sub-brand to 1,000, meeting a previously announced year-end target.
Onvo officially launched its first model L60 on September 19 and began deliveries of the electric SUV (sport utility vehicle) on September 28.
The Nio sub-brand announced on December 27 that cumulative deliveries of the L60 exceeded 20,000 units, 100 days from launch.
Nio saw the first batch of its latest fourth-generation battery swap stations go live on June 13, enabling direct compatibility with brands including Onvo. Its older third-generation stations would need to complete a retrofit to be compatible with Onvo.
In addition to battery swap stations, Nio has one of the largest charging networks in China. As of today, it has 2,545 supercharging stations in China offering 11,740 charging piles, and 1,672 destination charging stations offering 13,042 charging piles.
Nio's local counterpart, Li Auto (NASDAQ: LI), has also begun to aggressively push for charging facilities this year in preparation for the launch of more of its battery electric vehicle (BEV) models next year.
Yesterday, Li Auto announced on Weibo that its 1,500th supercharger station went online, with 714 of them located along highways and 786 in urban areas.
To date, Li Auto's number of supercharging stations stands at 1,518, according to data compiled by CnEVPost. This lags behind previously announced targets.
In March, Li Auto said it was aiming for more than 2,000 supercharging stations by the end of 2024 and more than 5,000 by 2025.
Nio's new swap station plant in Wuhan to reach capacity of 1,500 in 2025
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