Smart and Sustainable Electric Mobility
Nio's pace of building battery swap stations was slow at the start of the year, possibly waiting for fourth-generation station capacity to ramp up. It's aiming to end the year with a total of more than 3,310 stations.
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Nio said it has reached 307,783 total smart driving users and 193,174 NOP+ users.
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Zhongan and Nio Power will jointly promote the construction of 1,000 battery swap stations, creating an open energy network and a battery asset management and operation system, Nio said.
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As of the end of February, Nio had 587 battery swap stations and more than 27,000 charging piles participating in grid load regulation in 14 provinces and cities.
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The service barely affects battery swap stations' ability to provide service to car owners, with one station bringing in revenue in the tens of thousands of euros a year, according to a Nio vice president.
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Nio's battery swap stations provided a total of 871,477 services from February 8-18, with a peak of 90,199 services in a single day.
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The JV will cater to the ride-hailing market and provide battery swap services for NEVs, CATL said.
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Between February 8 and February 18, Nio owners who use battery swap stations along China's highways will be exempt from service fees but will have to pay for electricity.
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Nio had raised the price of daily battery upgrades for February a few days ago. February 10-17 is the Chinese New Year holiday.
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Nio will raise the cost of battery upgrades on a daily basis by 76 percent between February 1-17, as it expects demand for upgrades to surge during the Chinese New Year travel rush.
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