Monthly Archive: March 2023
NIO’s 1st 3rd-gen swap stations to go live on Mar 28
NIO's third-generation battery swap stations are expected to be ready for volume production in April, with deployment ramping up in May, William Li said a month ago. | NIO US | NIO HK | NIO SG
(Image credit: NIO)
NIO (NYSE: NIO) will officially bring its first third-generation battery swap stations online at the end of this month, a timeline that appears to be slightly earlier than it previously announced.
On March 28, NIO's first 10 third-generation battery swap stations will go live, the company said in an article posted today on its mobile app.
The article does not provide more information on the third-generation stations, but said that 10 special guests will be on-site to see the battery swap stations on their wish list delivered.
NIO officially unveiled the third-generation battery swap station at NIO Day 2022 on December 24, 2022, capable of storing up to 21 battery packs, up from 13 in its predecessor generation and five in the first generation of the facility.
The third-generation battery swap station increases the daily service capacity of a single station to 408 times, a 30 percent increase over the second generation.
Notably, NIO also equipped two LiDARs and two Nvidia Orin chips on the third-generation battery swap station, for a total computing power of 508 TOPS.
The company then announced plans to add 400 battery swap stations in 2023, but that plan was raised to 1,000 a month ago.
William Li, founder, chairman and CEO of NIO, said on February 21 that NIO will further accelerate the deployment of battery swap stations, aiming to have a cumulative total of more than 2,300 battery swap stations by the end of 2023.
Mass production of NIO's third-generation battery swap stations was well underway, with volume production expected to begin in April and deployment accelerating in May, Li said at the time.
Starting in June, NIO will basically maintain a construction rate of 120-150 battery swap stations per month, he said.
On February 28, the NIO App added a wish list feature that allows vehicle owners to provide suggestions for where they would like battery swap stations to be located to support faster buildout.
To date, NIO has received 132,238 wish lists for battery swap stations, according to the article in the NIO App today.
Of those, 68.3 percent want the planned new battery swap stations this year to be located in urban areas, and 31.27 percent want the facilities to be located along highways.
Beijing was the most mentioned city on these wish lists, followed by Shanghai and Suzhou.
There were 240 potential sites covering more than 50 users and 12 sites covering more than 200 users, NIO said.
After receiving the owners' wish lists, NIO held 221 events in 134 cities, meeting with 6,459 users face-to-face, according to the article in the NIO App.
NIO has not added any battery swap stations in the past half month. As of March 5, the company had 1,321 such facilities in China, according to data monitored by CnEVPost.
NIO reveals aggressive plan to add 1,000 swap stations in 2023
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Electric Vehicles Tantalizingly Close to Price Parity with Gas Burners
BYD makes brand debut in Uzbekistan, starts local pre-sales of 3 models
BYD introduced three models in Uzbekistan and its three pioneering stores in Tashkent will open in March. | BYDDY.US | BYD HK
(Image credit: BYD)
BYD (OTCMKTS: BYDDY) made its brand debut in Uzbekistan and introduced three models to local consumers, as the largest Chinese manufacturer of new energy vehicles (NEVs) continues to advance its efforts in the international market.
BYD held a brand debut and product pre-sale event in Uzbekistan on March 16, and several of its local dealership stores are set to open this month, according to a press release Friday.
BYD introduced three models at the event, including the Han EV, an all-electric sedan; the Song Plus DM-i, a hybrid model; and the hybrid Chazor DM-i, known as the Destroyer 05 in China.
Uzbekistan, the largest automotive market in Central Asia, is transitioning toward vehicle electrification, and BYD will bring industry-leading blade battery and DM-i super hybrid technology to local consumers, the release said.
Three pioneering BYD stores in Uzbekistan's capital Tashkent will open in March: a BYD flagship store and technology museum, a comprehensive BYD brand experience center and a BYD city showroom.
It is worth noting that BYD has already made some previous moves to pave the way for its long-term growth in Uzbekistan.
In February 2022, BYD and Uzavtosanoat JSC (UzAuto) signed a mutual memorandum of understanding, agreeing to study the feasibility of joint production of electric passenger cars and electric buses in the Central Asian country.
UzAuto, established in 1994, is the largest and only car manufacturer in Central Asia with a complete automotive industry footprint and an extensive local and inter-regional sales network and after-sales service system.
On December 30, 2022, BYD announced that it had signed an agreement with UzAuto to establish a joint venture that will focus on the production of NEVs and their components.
The joint venture will be based in Uzbekistan and will focus on the future production of several of BYD's best-selling NEV models, including the DM-i Super Hybrid, and related components, according to a BYD press release at the time.
BYD, the world's largest maker of NEVs, sold 193,655 vehicles in February, up 27.96 percent from 151,341 units in January and up 119.36 percent from 88,283 units in the same month last year, according to figures it announced earlier this month.
In February, BYD sold 15,002 NEVs in overseas markets, up 44.13 percent from 10,409 units in January.
In addition to announcing its business progress in Uzbekistan, BYD also announced on Friday that it entered into a partnership with UAE dealer Al-Futtaim on March 15.
NIO's global expansion: Demands of under-the-radar owners underscore urgency
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