NIO To Expand Battery Swap Service By 2025
Furthermore, the Chinese automaker has stated other manufacturers can use NIO’s battery swap stations, as long as vehicles are made compatible.
- NIO wants to install over 4,000 battery swap stations by the end of 2025.
- The Chinese automaker currently has a network of 301 Power Swap stations, 204 Power Charger fast stations and 382 destination charging stations in China.
- According to NIO, 90% of its users will live less than 3 km away from a battery swap station.
NIO had a lot to say at its first NIO Power Day in Shanghai, announcing plans to expand NIO Power by 2025.
Currently, the Chinese automaker has a network of 301 Power Swap stations, 204 Power Charger fast-charging stations and 382 destination charging stations in China.
The stations themselves act more as battery-as-a-service type deal, where customers can simply rotate electric car batteries in and out of vehicles. Leasing the battery is said to be cheaper and more effective as drivers are never without a full charge.
Second-generation Power Swap stations can deliver up to 312 battery swaps in a 24-hour window.
NIO expects its number of stations to increase to over 700, which happens to be slightly higher than its previous target (500).
Each year will see a 600 unit increase up until 2025. Native stations, coupled with those built outside of China, bring the grand total of NIO Power Swap stations to around 4,000.
“To provide a better power service experience to its rapidly growing user base, NIO will further expand NIO Power’s charging and swapping network. This year, NIO has raised its target of having over 700 instead of 500 battery swap stations installed by year end. From 2022 to 2025, NIO commits to installing 600 new battery swap stations in China. By the end of 2025, NIO will have more than 4,000 NIO battery swap stations worldwide with around 1,000 outside of China.”
One of the more interesting factors moving forwards is that NIO’s charging/swapping network could extend to other manufacturers (as long as vehicles are made compatible).
NIO said the following on opening its circle: “Meanwhile, NIO announced to make NIO Power’s charging and swapping system and BaaS (Battery-as-a-Service) fully available to the industry in order to share its achievements with the automotive industry and smart electric vehicle users.”
By 2025, 90% of users will be living less than 3 km away from nearby battery swap stations with these changes. This is a massive jump from the 29% today.
NIO will soon plant its flag in Europe with a widespread Norway launch. The Chinese company often likened to Tesla, plans to install the first Power Swap Stations in 2022 here.
NIO have quite the USP with its battery-as-a-service option for drivers. But what do you think of NIO’s Power Swap service as a whole? Give us your thoughts.