Battery Swap
Nio's potential partnership with Sinopec, although not yet announced, is highly anticipated by Chinese securities media
Even though the potential partnership between Nio and fossil fuel energy giant Sinopec has yet to be announced, leading Chinese securities media are already envisioning the prospect of Nio vehicles being able to change batteries at gas stations.
Nio exec pushes back on Tesla VP's view on battery swap
A Tesla China executive's suggestion that charging is the best way to replenish energy and that battery swap, a model central to Nio, will be replaced has sparked an unhappy response from the latter.
Tesla VP says charging is best way to replenish energy, hints battery swap will be replaced
Nio plans to have 500 battery swap stations in China by the end of 2021, and currently has about 200.
Nio's first 2nd-gen battery swap station may open in Beijing on April 15
Some customers and Nio staff have already worked together to experience the battery swap process, which takes 2-3 minutes.
Tesla China's move sparks speculation it may support battery swap, a model central to Nio
Tesla sources said the company will not adopt the battery swap model.
Nio expected to build over 300 2nd-gen battery swap stations this year, supplier says
Nio's second-generation battery swap station has completed its validation work and started critical testing before deployment, which is expected to begin in April.
Nio's 2nd-gen battery swap station begins final testing, deployment expected to begin in April
William Li, founder, chairman, and CEO of Nio, and the company's president Qin Lihong were on site for the testing, proving the importance the company places on the next-generation battery swap station.
Oil giant Sinopec chairman visits Nio's battery swap station
Sinopec has more than 30,000 gas stations, ranking second in the world. It is ranked No. 2 on the 2019 Fortune 500 list of the world's largest companies.
Nio partners with furniture retail giant to build 60 charging and battery swap stations
Under the agreement, Nio will receive support from Red Star for the construction and operation of the stations in 2021.
Nio built 7 new battery swap stations in January, plans 12 more in next 10 days
Late last month, Nio said it had 179 battery swap stations, 101 Superchargers, 820 superchargers, and access to more than 360,000 third-party charging posts as of January 21, 2021.