China’s EV maker Nio eyes 1,000 battery-swap stations this year

Chinese language startup is betting on battery swapping as an answer to energy its electrical automobiles.

Nio
Nio plans to construct 1,000 battery-swapping stations in China in 2023 [File: Yilei Sun/Reuters]

Chinese language electrical car (EV) startup Nio plans to construct 1,000 battery-swapping stations in China in 2023 to convey the entire variety of such services to 2,300 by year-end, its Founder and Chairman William Li has stated.

Nio will construct 400 battery-swapping stations alongside highways and 600 in city areas with a concentrate on the nation’s third- and fourth-tier cities and counties, Li stated in a publish on Nio’s social media platform on Tuesday.

The transfer marks an enlargement of its plan in December of including 400 such stations this yr. Li discovered extra of them are wanted to enhance person expertise after his journeys to northeastern China and lower-tier cities in Zhejiang, he added.

Battery swapping permits drivers to interchange depleted packs rapidly with absolutely charged ones, moderately than plugging the car right into a charging level. Swapping may assist mitigate the rising strains positioned on energy grids as thousands and thousands of drivers juice up, but specialists warning it could possibly take off in a giant method provided that batteries turn into standardised industry-wide.

Nio is among the many few EV makers which can be betting on battery swapping as one of many main energy options for electrical automobiles. Rival Tesla had beforehand dismissed battery swapping as “riddled with issues and never appropriate for widescale use”.

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