Nio president calls on more players including Dongfeng, BAIC, Huawei's HIMA to join the battery swap camp to better address battery life issues.
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NIO's 150-kWh pack will initially be available for lease only, with a buyout option to be offered in the future.
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.
Deliveries of vehicles under NIO's sub-brand codenamed ALPS are expected to begin in 2024, and deliveries of the company's first phone model are expected to begin in the third quarter of this year.