NIO Power Completes 500,000 Battery Swaps

NIO Power has completed over 500,000 battery swaps, becoming one of NIO’s most well-received power services.

Power Swap is at the core of NIO’s “chargeable, swappable, upgradable” user experience, alongside a comprehensive battery and vehicle e-powertrain inspection. The infrastructure also enables users to continuously enjoy the benefits of the development of battery technology, with the ease of upgrading to a higher capacity and better performance simply through swapping.

With the announcement of a new national subsidy policy on April 23 this year that new energy vehicles with battery swap technology can continue to enjoy subsidies from 2020 to 2022, the confidence in NIO’s technological direction and business model has been reinforced. Wuhan NIO Energy in Donghu District, Wuhan, has also accelerated the deployment of the battery swap network, and as of May 20, 2020, 131 battery swap stations had been installed across 58 cities nationwide.

The Power Swap network concentrated in the Beijing-Tianjin-Hebei region, the Yangtze River Delta and the Pearl River Delta allows NIO users to enjoy a worry-free user experience in these three major economic zones, as with the G2 Beijing–Shanghai Expressway and the G4 Beijing–Hong Kong–Macau Expressway.