March 22, 2023

The Chinese language startup is betting on battery swapping as an answer to energy its electrical automobiles.

Chinese language electrical automobile (EV) startup Nio plans to construct 1,000 battery-swapping stations in China in 2023 to carry the whole variety of such amenities to 2,300 by year-end, its Founder and Chairman William Li has stated.

Nio will construct 400 battery-swapping stations alongside highways and 600 in city areas with a deal with the nation’s third- and fourth-tier cities and counties, Li stated in a publish on Nio’s social media platform on Tuesday.

The transfer marks an enlargement of its plan in December of including 400 such stations this 12 months. Li discovered extra of them are wanted to enhance person expertise after his journeys to northeastern China and lower-tier cities in Zhejiang, he added.

Battery swapping permits drivers to exchange depleted packs shortly with absolutely charged ones, fairly than plugging the automobile right into a charging level. Swapping might assist mitigate the rising strains positioned on energy grids as thousands and thousands of drivers juice up, but consultants warning it might take off in an enormous method provided that batteries grow to be standardized industry-wide.

Nio is among the many few EV makers which might be betting on battery swapping as one of many main energy options for electrical automobiles. Rival Tesla had beforehand dismissed battery swapping as “riddled with issues and never appropriate for widescale use”.

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