Smart and Sustainable Electric Mobility
If electric cars can be sold to consumers without batteries, the cost can be lower than fuel cars, said Li Xiang.
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As of February 28, NIO had 296 NIO Spaces worldwide, a reduction of three from 299 at the end of January.
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NIO added three battery swap stations today, bringing the number of the facility in China to 1,320.
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NIO has entered into strategic partnerships with highway authorities in Anhui, Zhejiang and Jiangsu in the more economically developed Yangtze River Delta region of China.
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NIO announced that it has joined the Horizon Europe program with 26 partners and received funding for research and development of energy storage systems in electric mobility services.
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NIO's yet-to-be-unveiled one or two new models could be delivered earlier than the EC7 and the new ES8, Qin Lihong said.
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This is the latest measure in China aimed at boosting the EV industry, which previously saw high growth in the private sector.
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Local companies' operations typically slow down during the Chinese New Year holiday, which ran from January 21 to January 27.
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NIO provided 906,056 battery swap services from January 13 to January 29, with a single-day high of 62,356 services.
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From January 13 to February 5, all of NIO's battery swap stations along highways are open to vehicle owners for free and unlimited use.
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