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
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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
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