NIO’s massive recharging network for battery swapping can ?? ??? ??be a profitable model if each completes 60 swaps on average per day, and around 20% of the 2,500 or so facilities are reaching the breakeven point, founder and chief executive William Li said on Tuesday. Li provided more color on the outlook for the company’s multi-billion investment in public infrastructure for electric vehicles, two months after revealing that a NIO battery swap station already offers around 30 swaps per day during an earnings call on June 6.
The EV maker also announced it has partnered with six regional utility providers to share the cost and burden of making new facilities and will set up a factory capable of assembling 1,000 swap stations each year in the central Chinese city of Wuhan. Among the first several “Power Up partners” are the east China bureau of investment of China Energy Engineering Corporation,as well as a state-owned grid company that serves China’s southern Guangdong province.
The moves are part of an aggressive plan to expand NIO’s network of swap stations to more than 2,300 counties in 27 out of the 34 Chinese provinces by the end of next year, and move further to the remaining areas starting from 2026. Meanwhile, its proprietary fast chargers, also available to users of rivals’ EVs, will be accessible in every one of the 2,844 counties in China by next June, Li told a press conference. [TechNode reporting, NIO release, in Chinese]
NYT mini crossword answers for December 3Best Dyson deal: A refurbished Dyson Pure Cool DP04 is under $200Best Uber deal: Save $10 on a $100 Uber or Uber Eats gift card at Best Buy25+ deals from Walmart's Super Spring Savings Week — Dyson, Switch, 4K TVsCyber Monday 2024: Here are Mashable readers’ most bought itemsThe best Cyber Monday Samsung Galaxy deals at Amazon: Phones, watches, earbuds, tabletsBest Instant Pot deals: Save up to 33% on Instant Pot appliances at AmazonBest Cyber Monday headphones deal: Save over $100 on Sony WHNYT Connections Sports Edition hints and answers for December 2: Tips to solve Connections #70Save 50% or more at REI through March 11 IEM5 European Finals: Top Players Gate.io Launches Pilot VOX POPULI: Let’s Stop Dehumanizing Immigrants! ‘Nancy 2024’ Ends This Weekend Aloha Everywhere Hawaiian Concert Series Returning to Downey Umeya Mural Community Paint Day on June 30 Tuna Canyon Detention Station Coalition Offers Scholarship for High School Students Wakako Yamauchi Centennial Reading in S.F. TaikoProject Presents ‘Rhythmic Relations 2024’ at Aratani Theatre Hibakusha Medical Exams Coincide with Peace Prize Announcement
0.1418s , 9914.7421875 kb
Copyright © 2025 Powered by 【?? ??? ??】Enter to watch online.20% of NIO’s battery swap stations approach breakeven point · TechNode,