Category: China Holidays

NIO’s single-day battery swap service hits record high on Labor Day eve

On April 28, NIO saw a record 62,746 battery swap services provided in a single day, with the stations along highways providing 104 percent more service than the previous day.

NIO's single-day battery swap service hits record high on Labor Day eve-CnEVPost

NIO (NYSE: NIO) saw its battery swap stations reach a new record high in services as China heads into the Labor Day holiday travel rush.

On April 28, NIO provided a record 62,746 battery swap services in a single day, the company announced today.

April 29 to May 3 is the Labor Day holiday in China this year, which is usually the peak of driving trips for Chinese people.

NIO owners will have free and unlimited access to the company's battery swap stations along highways from April 28 to May 4, although vehicles used for operations are excluded, it announced on April 25.

Most NIO owners currently have the benefit of four to six free battery swap services per month, with a few early adopters having unlimited access.

On April 28, NIO's battery swap stations along highways provided 16,584 free services to owners, up 104 percent from 8,115 the previous day, according to figures released today.

This is the second time NIO has offered such benefits to owners after the Chinese New Year holiday earlier this year.

NIO offered free access to battery swap stations from January 13 to February 5 during the Chinese New Year holiday, which ran from January 21 to January 27.

On January 27, NIO's battery swap stations provided 62,356 services in a single day, which was the previous high.

As of April 29, NIO had 1,379 battery swap stations in China, 364 of which are located along highways.

The company also has 2,536 charging stations in China, offering 15,068 charging piles, according to data monitored by CnEVPost.

NIO to allow vehicle owners free access to swap stations along highways for upcoming Labor Day holiday

The post NIO's single-day battery swap service hits record high on Labor Day eve appeared first on CnEVPost.

For more articles, please visit CnEVPost.

NIO to allow vehicle owners free access to swap stations along highways for upcoming Labor Day holiday

NIO offered similar benefits during the Chinese New Year holiday earlier in the year and saw a surge in battery swap services.  |  NIO US | NIO HK | NIO SG

NIO to allow vehicle owners free access to swap stations along highways for upcoming Labor Day holiday-CnEVPost

(Image credit: CnEVPost)

NIO (NYSE: NIO) will continue to allow its car owners unlimited free access to battery swap stations along highways in China for the upcoming golden week, following a similar campaign earlier this year.

For the upcoming Labor Day holiday, all NIO owners will have unlimited free access to battery swap stations along highways, the electric vehicle (EV) maker announced today on its mobile app.

The Labor Day holiday in China runs from April 29 to May 3 this year, and NIO owners will have free access to these battery swap stations from April 28 to May 4, although vehicles used for operations are excluded.

Most NIO owners currently have the benefit of four to six free battery swaps per month, with a few early adopters having unlimited access to the service.

The benefits NIO is offering for the upcoming holiday season are in addition to the benefits owners already have.

The company offered similar benefits during the Chinese New Year holiday earlier this year, allowing for a spike in the number of services offered at its battery swap stations.

NIO offered free access to battery swap stations from January 13 to February 5 during this year's Chinese New Year holiday, which ran from January 21 to January 27.

On January 27, NIO's battery swap stations reached an all-time high of 62,356 services in a single day, according to its previously announced data.

The free battery swap service provided during the Chinese New Year holiday did not put additional cost pressure on NIO, as the revenue generated by its charging stations at the time largely covered those costs, the company said at a media briefing in early February.

As of April 25, NIO had 1,369 battery swap stations in China, including 362 along highways, according to data monitored by CnEVPost.

The company also has 2,512 charging stations in China, providing 14,903 charging piles.

NIO's goal is to add 1,000 battery swap stations this year, bringing the number of facilities to 2,300 by the end of 2023.

NIO provides nearly 1 million battery swap services in half month around Chinese New Year holiday

The post NIO to allow vehicle owners free access to swap stations along highways for upcoming Labor Day holiday appeared first on CnEVPost.

For more articles, please visit CnEVPost.

China Jan passenger NEV retail sales expected to fall over 40% from Dec, CPCA says

Auto dealers' sales pace was disrupted in January due to the impact of the Covid infection wave and the early timing of the Chinese New Year, the CPCA said.

The post China Jan passenger NEV retail sales expected to fall over 40% from Dec, CPCA says appeared first on CnEVPost.

For more articles, please visit CnEVPost.