Daily Archive: April 13, 2023

NIO’s 1st 10 3rd-gen swap stations go into operation

aims to have more than 2,300 battery swap stations in China by the end of 2023, and the number stood at 1,342 as of April 13.

(Image credit: NIO)

NIO's (NYSE: NIO) first 10 third-generation battery swap stations went live today in 10 Chinese cities, marking the start of its aggressive infrastructure buildout this year.

The electric vehicle company had said on March 20 that its first 10 third-generation battery swap stations would go live on March 28. But that didn't happen, and NIO only made the next-generation stations' real-life debut that day.

The cities that saw the first third-generation NIO battery swap stations go live were Shanghai, Beijing, Shenzhen, Hefei, Chengdu, Haikou, Wuxi, Zhengzhou, Qingdao and Harbin, according to an article posted today on NIO's mobile app.

The sites for the 10 third-generation battery swap stations were decided by 866 NIO users through the NIO App's wish list feature, according to the article.

As of April 13, NIO has accumulated 1,342 battery swap stations in China, of which 351 are located along highways.

NIO also has 2,451 charging stations, including 14,541 charging piles. Its charging map has access to more than 680,000 third-party charging piles in China.

NIO announced late last year a plan to add 400 battery swap stations in 2023, but that plan was raised to 1,000 on February 21.

William Li, NIO's founder, chairman and CEO, said at the time that the company would further accelerate the deployment of battery swap stations, aiming to have more than 2,300 battery swap stations in China 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 of stations accelerating in May, Li said at the time.

Starting in June, NIO will basically keep building 120-150 battery swap stations per month, he said.

NIO's third-generation battery swap station, released at the NIO Day 2022 event on December 24, 2022, can store up to 21 battery packs, up from 13 for its predecessor generation and five for the first generation of the facility.

This next-generation facility increases the daily service capacity of a single site to 408 services, a 30 percent increase over the second generation.

Notably, some of NIO's third-generation battery swap stations will be equipped with two LiDARs and two Nvidia Orin chips, for a total computing power of 508 TOPS.

NIO reveals aggressive plan to add 1,000 swap stations in 2023

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BYD Dolphin Coming To Europe

BYD already sells its vehicles in over 400 cities in 70 countries around the world. BYD’s New Energy Vehicle (NEV) sales in 2022 surpassed 1.85 million units, and this year BYD is hoping to sell over 3 million of these plug-in hybrid and full battery-electric vehicles. The optimistic target for BYD is closer to 3.6 […]

Insurance registrations for week ending Apr 9: Tesla 6,973, Li Auto 4,177, NIO 1,316

Starting this week, insurance registration data will no longer be available, with Li Auto's sharing a surprise exception.

The major sources that provide insurance registration data for China's auto industry have stopped sharing the data, but Li Auto (NASDAQ: LI) has shared content that allows us to still have access to some of the data.

For the week of April 3 to April 9, Li Auto sold 4,177 units, far outpacing other new car brands and again becoming the weekly sales leader for new brands in the Chinese market, the automaker said yesterday on Weibo.

Li Auto didn't specify what the sales figure was based on, though they were apparently insurance registrations. Previously, we had access to those numbers every Tuesday, and Li Auto's practice for the past two weeks has been to share some of them on Wednesdays.

The tables shared by the extended-range electric vehicle (EREV) maker show that NIO (NYSE: NIO) vehicles had 1,316 insurance registrations last week, and (NYSE: XPEV) had 904.

Neta vehicles had 1,526 insurance registrations last week, Zeekr had 1,476 and Leapmotor had 1,157.

Li Auto's tables also provided insurance registrations for vehicles from luxury brands in China last week, with Mercedes-Benz in the top spot with 14,817, BMW in second with 13,506, and Audi in third with 10,573.

Tesla came in fourth with 6,973 units and Li Auto in fifth. Lexus was No. 9 with 1,493 units, and NIO was No. 10.

The vendor that provided us with the data said they will not be able to continue to provide such data, saying it was the decision of the data source.

The bloggers who previously shared the data on Weibo have also stopped sharing such data.

China NEV insurance registrations for week ending April 2: BYD 46,218, Tesla 14,275, NIO 2,730

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