Smart and Sustainable Electric Mobility
On average, each Nio user used the battery swap service six times in May, each time taking about three minutes.
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Nio vehicles saw a record 6,700 insurance registrations in China last week, up 24.07 percent from 5,400 the week before.
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Nio has renamed its units previously known as “Strategic New Businesses,” and has created 16 regional companies for the Onvo unit.
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In the January-May period, Nio delivered 66,217 vehicles, up 50.99 percent year-on-year, with SUVs contributing 58.58 percent.
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Nio's fourth-generation battery swap station is equipped with 23 battery compartments, compatible with multi-size battery packs, and supports service for multiple brands.
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The latest package of benefits only reduces the free battery swap service experience coupon from 60 to 40, and Nio continues to offer up to 12 billing waivers for customers who purchase a car under its BaaS program.
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Nio Power has secured a RMB 1.5bn strategic investment, the first external investment in the unit.
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The only other time Nio has previously seen single-month deliveries exceed 20,000 was in July 2023 with 20,462 units.
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Starting June 1 at 10 am Beijing Time, Nio owners will have the option to rent the 150-kWh battery pack on a daily basis, giving their vehicles up to 1,000 km of range.
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Insurance registrations for Nio vehicles were 15,400 for May 1-26, already close to the full month of deliveries in April.
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